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    <title>2006 (2) TMI 556 - CESTAT, CHENNAI</title>
    <link>https://www.taxtmi.com/caselaws?id=119428</link>
    <description>Waiver of pre-deposit for penalty under the excise framework was declined where duty had been defaulted during the period when fortnightly payment facility stood withdrawn and clearances in that forfeiture period had to be paid through PLA rather than the Cenvat account. Although financial hardship was supported by records showing sickness and losses, the Bench preferred the later coordinate-bench view on the penal consequences of the default and noted that even the cited stay order had required a penalty deposit. Complete waiver was therefore refused, and the appellants were directed to pre-deposit the full penalty within the stipulated time.</description>
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    <pubDate>Thu, 16 Feb 2006 00:00:00 +0530</pubDate>
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      <title>2006 (2) TMI 556 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=119428</link>
      <description>Waiver of pre-deposit for penalty under the excise framework was declined where duty had been defaulted during the period when fortnightly payment facility stood withdrawn and clearances in that forfeiture period had to be paid through PLA rather than the Cenvat account. Although financial hardship was supported by records showing sickness and losses, the Bench preferred the later coordinate-bench view on the penal consequences of the default and noted that even the cited stay order had required a penalty deposit. Complete waiver was therefore refused, and the appellants were directed to pre-deposit the full penalty within the stipulated time.</description>
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      <pubDate>Thu, 16 Feb 2006 00:00:00 +0530</pubDate>
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