https://www.taxtmi.com/caselaws?id=208376 The Court upheld the Tribunal's decision rejecting waiver of the pre-deposit condition but reduced the deposit amount from Rs. 30 lakhs to Rs. 10 lakhs due to the petitioner's financial constraints. The reduced payment would stay the pre-deposit requirement for the remaining duty and penalty amounts pending appeal, with a directive for expeditious appeal resolution. The Court emphasized discretion in such matters based on the prima facie case presented, declining to interfere with the Tribunal's decision despite the petitioner's argument regarding a Coordinate Benches decision. The writ petition was disposed of without costs, closing all connected matters. en-us Thu, 11 Mar 2010 00:00:00 +0530 Sat, 14 Jan 2012 08:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208376 The Court upheld the Tribunal's decision rejecting waiver of the pre-deposit condition but reduced the deposit amount from Rs. 30 lakhs to Rs. 10 lakhs due to the petitioner's financial constraints. The reduced payment would stay the pre-deposit requirement for the remaining duty and penalty amounts pending appeal, with a directive for expeditious appeal resolution. The Court emphasized discretion in such matters based on the prima facie case presented, declining to interfere with the Tribunal's decision despite the petitioner's argument regarding a Coordinate Benches decision. The writ petition was disposed of without costs, closing all connected matters. Case-Laws Central Excise Thu, 11 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208376