https://www.taxtmi.com/caselaws?id=251556 The Court quashed the Customs, Excise & Service Tax Appellate Tribunal's order directing a 25% duty deposit, citing lack of assessment on the company's net worth as required by Section 35F of the Central Excise Act, 1944. Emphasizing the discretionary nature of Section 35F and the need for reasoned decisions, the Court remanded the matter to the Tribunal for a fresh evaluation within a specified timeframe. The judgment highlighted the importance of establishing undue hardship and a strong prima facie case for waiving pre-deposit, ensuring fair treatment and adherence to legal standards. en-us Thu, 08 Aug 2013 00:00:00 +0530 Thu, 18 Sep 2014 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251556 The Court quashed the Customs, Excise & Service Tax Appellate Tribunal's order directing a 25% duty deposit, citing lack of assessment on the company's net worth as required by Section 35F of the Central Excise Act, 1944. Emphasizing the discretionary nature of Section 35F and the need for reasoned decisions, the Court remanded the matter to the Tribunal for a fresh evaluation within a specified timeframe. The judgment highlighted the importance of establishing undue hardship and a strong prima facie case for waiving pre-deposit, ensuring fair treatment and adherence to legal standards. Case-Laws Central Excise Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251556