https://www.taxtmi.com/caselaws?id=209639 The appellate tribunal upheld the requirement of a deposit while allowing a partial waiver subject to the deposit of Rs.4 lakhs towards duty within 8 weeks. The waiver extended to the balance duty amount and the entire penalty during the appeal's pendency. The tribunal emphasized the lack of a bona fide argument in favor of the appellant, considering delayed intimation and obstruction in sealing machines. The decision highlighted the absence of pleaded financial hardship as a factor in determining the deposit requirement, directing compliance within a specified timeline for the appellant to avail of the waiver and stay on penalty recovery during the appeal process. en-us Fri, 04 Nov 2011 00:00:00 +0530 Wed, 11 Jan 2012 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209639 The appellate tribunal upheld the requirement of a deposit while allowing a partial waiver subject to the deposit of Rs.4 lakhs towards duty within 8 weeks. The waiver extended to the balance duty amount and the entire penalty during the appeal's pendency. The tribunal emphasized the lack of a bona fide argument in favor of the appellant, considering delayed intimation and obstruction in sealing machines. The decision highlighted the absence of pleaded financial hardship as a factor in determining the deposit requirement, directing compliance within a specified timeline for the appellant to avail of the waiver and stay on penalty recovery during the appeal process. Case-Laws Central Excise Fri, 04 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209639