https://www.taxtmi.com/caselaws?id=125177 Pre-deposit conditions for excise appeals may be modified where the assessee shows genuine financial hardship and the revenue can be protected by adequate security. In this matter, the appellate authority had required deposit of half the adjudicated demand and dismissed the appeals on non-deposit. The Court noted reversal of credit entries for two consignments and an FIR under investigation for the third, and found that a balanced approach was warranted because no amount might ultimately be found payable. The pre-deposit requirement was therefore substituted with a bank guarantee to the satisfaction of the appellate authority, and the appeals were directed to be heard and decided on merits expeditiously. en-us Wed, 28 May 2008 00:00:00 +0530 Sat, 09 Feb 2013 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125177 Pre-deposit conditions for excise appeals may be modified where the assessee shows genuine financial hardship and the revenue can be protected by adequate security. In this matter, the appellate authority had required deposit of half the adjudicated demand and dismissed the appeals on non-deposit. The Court noted reversal of credit entries for two consignments and an FIR under investigation for the third, and found that a balanced approach was warranted because no amount might ultimately be found payable. The pre-deposit requirement was therefore substituted with a bank guarantee to the satisfaction of the appellate authority, and the appeals were directed to be heard and decided on merits expeditiously. Case-Laws Central Excise Wed, 28 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125177