https://www.taxtmi.com/caselaws?id=113012 The Tribunal found evidence of grave offenses of clandestine production and clearance of goods by two manufacturing units. The claim of financial hardship was dismissed due to mismanagement of funds by the Managing Director. Consequently, one company was directed to make a pre-deposit of Rs. 20 Lakhs and the other Rs. 10 Lakhs within six weeks, as full waiver was not justified in the circumstances. en-us Tue, 27 Apr 2004 00:00:00 +0530 Thu, 03 May 2012 12:42:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113012 The Tribunal found evidence of grave offenses of clandestine production and clearance of goods by two manufacturing units. The claim of financial hardship was dismissed due to mismanagement of funds by the Managing Director. Consequently, one company was directed to make a pre-deposit of Rs. 20 Lakhs and the other Rs. 10 Lakhs within six weeks, as full waiver was not justified in the circumstances. Case-Laws Central Excise Tue, 27 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113012