https://www.taxtmi.com/caselaws?id=126205 The Appellate Tribunal CESTAT, NEW DELHI, analyzed the provisions of Rule 26 of the Central Excise Rules, 2002, before and after the amendment on 1-3-2007. The tribunal found a prima facie case for waiving the penalty amount under Section 35F of the Act, considering the undue hardship on the appellant if required to deposit the penalty during the appeal. The tribunal granted the waiver, ensuring a fair balance of interests between the appellant and the Revenue until the appeals are disposed of. en-us Wed, 06 May 2009 00:00:00 +0530 Sat, 03 Nov 2012 12:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126205 The Appellate Tribunal CESTAT, NEW DELHI, analyzed the provisions of Rule 26 of the Central Excise Rules, 2002, before and after the amendment on 1-3-2007. The tribunal found a prima facie case for waiving the penalty amount under Section 35F of the Act, considering the undue hardship on the appellant if required to deposit the penalty during the appeal. The tribunal granted the waiver, ensuring a fair balance of interests between the appellant and the Revenue until the appeals are disposed of. Case-Laws Central Excise Wed, 06 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126205