https://www.taxtmi.com/caselaws?id=247099 The High Court modified the Tribunal's order, reducing the deposit amount required for hearing the appeal from Rs. 1 crore 30 lacs to Rs. 20 lacs. The Court emphasized the need for expeditious resolution due to revenue concerns, acknowledging the appellant's delay in filing the declaration and the impact on excise duty liability. The case centered on interpreting a Notification regarding excise duty exemption and whether the filing conferred a substantive right. The Court's decision aimed to balance the appellant's circumstances with revenue implications, ultimately allowing the appeal to proceed on a reduced deposit amount for a prompt resolution. en-us Mon, 15 Jul 2013 00:00:00 +0530 Thu, 01 May 2014 10:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247099 The High Court modified the Tribunal's order, reducing the deposit amount required for hearing the appeal from Rs. 1 crore 30 lacs to Rs. 20 lacs. The Court emphasized the need for expeditious resolution due to revenue concerns, acknowledging the appellant's delay in filing the declaration and the impact on excise duty liability. The case centered on interpreting a Notification regarding excise duty exemption and whether the filing conferred a substantive right. The Court's decision aimed to balance the appellant's circumstances with revenue implications, ultimately allowing the appeal to proceed on a reduced deposit amount for a prompt resolution. Case-Laws Central Excise Mon, 15 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247099