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    <title>2006 (2) TMI 536 - CESTAT, CHENNAI</title>
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    <description>For duty demand under the compounded levy scheme, the Tribunal refused full waiver of pre-deposit because the alleged reduction in furnace capacity was not properly intimated and the effective date of the change could not be established on the record. The appellants&#039; plea of financial hardship was noted, including that the unit had become defunct and sick, but the company&#039;s economic position on the relevant date was not shown sufficiently to justify complete waiver. Partial relief was granted by directing pre-deposit of 25% of the duty demanded.</description>
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    <pubDate>Mon, 20 Feb 2006 00:00:00 +0530</pubDate>
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      <title>2006 (2) TMI 536 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=119070</link>
      <description>For duty demand under the compounded levy scheme, the Tribunal refused full waiver of pre-deposit because the alleged reduction in furnace capacity was not properly intimated and the effective date of the change could not be established on the record. The appellants&#039; plea of financial hardship was noted, including that the unit had become defunct and sick, but the company&#039;s economic position on the relevant date was not shown sufficiently to justify complete waiver. Partial relief was granted by directing pre-deposit of 25% of the duty demanded.</description>
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      <pubDate>Mon, 20 Feb 2006 00:00:00 +0530</pubDate>
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