https://www.taxtmi.com/caselaws?id=250747 Complete waiver of pre-deposit was refused because the earlier Supreme Court order was treated as fact-specific, not as a general rule mandating total waiver. The Tribunal held that pre-deposit must be assessed on the facts by balancing prima facie merits, financial hardship, and the interest of Revenue; registration as a sick industrial company and negative net worth alone do not compel full waiver. On the financial material produced, it found that a limited deposit would not cause undue hardship and directed pre-deposit, with the balance demand waived and recovery stayed pending appeal. en-us Thu, 08 May 2014 00:00:00 +0530 Fri, 22 Aug 2014 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250747 Complete waiver of pre-deposit was refused because the earlier Supreme Court order was treated as fact-specific, not as a general rule mandating total waiver. The Tribunal held that pre-deposit must be assessed on the facts by balancing prima facie merits, financial hardship, and the interest of Revenue; registration as a sick industrial company and negative net worth alone do not compel full waiver. On the financial material produced, it found that a limited deposit would not cause undue hardship and directed pre-deposit, with the balance demand waived and recovery stayed pending appeal. Case-Laws Customs Thu, 08 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250747