https://www.taxtmi.com/caselaws?id=110535 A prima facie reading of Rule 173G showed that where a manufacturer forfeited the fortnightly instalment facility for two months, duty for each consignment had to be paid by debit to the account current and the Cenvat credit facility was not available. The Tribunal also considered the claimed financial hardship, including the balance sheet and alleged sickness before BIFR, but found that substantial sales income undermined the case for complete waiver. Partial relief was therefore justified rather than total waiver of pre-deposit, with stay of recovery pending appeal subject to deposit of Rs. 10 lakhs and waiver of the remaining duty and penalty. en-us Tue, 28 Oct 2003 00:00:00 +0530 Tue, 17 Apr 2012 13:17:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110535 A prima facie reading of Rule 173G showed that where a manufacturer forfeited the fortnightly instalment facility for two months, duty for each consignment had to be paid by debit to the account current and the Cenvat credit facility was not available. The Tribunal also considered the claimed financial hardship, including the balance sheet and alleged sickness before BIFR, but found that substantial sales income undermined the case for complete waiver. Partial relief was therefore justified rather than total waiver of pre-deposit, with stay of recovery pending appeal subject to deposit of Rs. 10 lakhs and waiver of the remaining duty and penalty. Case-Laws Central Excise Tue, 28 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110535