https://www.taxtmi.com/caselaws?id=217402 The High Court admitted an appeal challenging the Tribunal's stay order directing pre-deposit of excise duty, despite a related matter pending before the Supreme Court. The appellant argued against the imposition of the entire duty, citing potential industry closure and financial hardship. The Court balanced equities, directing the appellant to deposit 50% of the duty and provide security for the balance. The judgment addressed the contradictions in the Tribunal's order and upheld principles from prior Supreme Court decisions, ensuring a fair resolution of the legal issues raised. en-us Tue, 04 Sep 2012 00:00:00 +0530 Wed, 21 Sep 2016 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217402 The High Court admitted an appeal challenging the Tribunal's stay order directing pre-deposit of excise duty, despite a related matter pending before the Supreme Court. The appellant argued against the imposition of the entire duty, citing potential industry closure and financial hardship. The Court balanced equities, directing the appellant to deposit 50% of the duty and provide security for the balance. The judgment addressed the contradictions in the Tribunal's order and upheld principles from prior Supreme Court decisions, ensuring a fair resolution of the legal issues raised. Case-Laws Central Excise Tue, 04 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217402