https://www.taxtmi.com/caselaws?id=243255 The High Court upheld the Tribunal's decision directing the petitioner to deposit Rs. 20 lakh, finding no error or illegality. The Tribunal appropriately balanced considerations of financial hardship and revenue safeguarding, as per Supreme Court principles. The petitioner's argument for a complete waiver was rejected, emphasizing the need to avoid detailed findings at the pre-deposit stage. The petition was dismissed, but the petitioner was granted four weeks to make the deposit for the appeal's merit consideration. en-us Thu, 12 Sep 2013 00:00:00 +0530 Sat, 06 Sep 2014 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243255 The High Court upheld the Tribunal's decision directing the petitioner to deposit Rs. 20 lakh, finding no error or illegality. The Tribunal appropriately balanced considerations of financial hardship and revenue safeguarding, as per Supreme Court principles. The petitioner's argument for a complete waiver was rejected, emphasizing the need to avoid detailed findings at the pre-deposit stage. The petition was dismissed, but the petitioner was granted four weeks to make the deposit for the appeal's merit consideration. Case-Laws Central Excise Thu, 12 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243255