https://www.taxtmi.com/caselaws?id=243119 The High Court upheld the Tribunal's order directing appellants to deposit Rs.50 lacs for waiver of duty and penalty, considering their financial capacity. The Court found the order justifiable, given the appellants' financial constraints and the prima facie case against them. An extension of eight weeks was granted for the deposit due to the practical challenges faced by the appellants in meeting the financial obligations. The Central Excise Appeals were dismissed based on these findings. en-us Wed, 18 Dec 2013 00:00:00 +0530 Sun, 26 Jan 2014 18:37:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243119 The High Court upheld the Tribunal's order directing appellants to deposit Rs.50 lacs for waiver of duty and penalty, considering their financial capacity. The Court found the order justifiable, given the appellants' financial constraints and the prima facie case against them. An extension of eight weeks was granted for the deposit due to the practical challenges faced by the appellants in meeting the financial obligations. The Central Excise Appeals were dismissed based on these findings. Case-Laws Central Excise Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243119