https://www.taxtmi.com/caselaws?id=252809 The Madras High Court reduced the pre-deposit amount from Rs. 50 lakhs to Rs. 30 lakhs for an appellant facing a service tax liability of Rs. 1,07,73,577, citing financial hardship. The Court acknowledged the appellant's financial difficulties and the erosion of profitability, concluding that the original pre-deposit requirement would cause undue hardship and impede the right to appeal. The appellant was directed to comply with the reduced pre-deposit and report to the Tribunal, resolving the Civil Miscellaneous Appeal without costs. en-us Mon, 13 Oct 2014 00:00:00 +0530 Wed, 23 Sep 2015 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252809 The Madras High Court reduced the pre-deposit amount from Rs. 50 lakhs to Rs. 30 lakhs for an appellant facing a service tax liability of Rs. 1,07,73,577, citing financial hardship. The Court acknowledged the appellant's financial difficulties and the erosion of profitability, concluding that the original pre-deposit requirement would cause undue hardship and impede the right to appeal. The appellant was directed to comply with the reduced pre-deposit and report to the Tribunal, resolving the Civil Miscellaneous Appeal without costs. Case-Laws Service Tax Mon, 13 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252809