https://www.taxtmi.com/caselaws?id=253105 The appellant was directed to deposit Rs. 25 lacs as a pre-deposit against a full penalty amount of Rs. 88.80 lacs due to default in excise duty payment. The Tribunal upheld the penalty under Rule 25 due to willful intent to evade duty payment, dismissing the appellant's claim for a lower penalty under Rule 27 based on financial difficulties. The appeal was dismissed, and the deposit deadline was extended by two months for compliance, with the judgment clarifying that the observations were limited to the pre-deposit issue and would not impact the appeal's merits upon rehearing. en-us Tue, 28 Oct 2014 00:00:00 +0530 Thu, 08 Oct 2015 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253105 The appellant was directed to deposit Rs. 25 lacs as a pre-deposit against a full penalty amount of Rs. 88.80 lacs due to default in excise duty payment. The Tribunal upheld the penalty under Rule 25 due to willful intent to evade duty payment, dismissing the appellant's claim for a lower penalty under Rule 27 based on financial difficulties. The appeal was dismissed, and the deposit deadline was extended by two months for compliance, with the judgment clarifying that the observations were limited to the pre-deposit issue and would not impact the appeal's merits upon rehearing. Case-Laws Central Excise Tue, 28 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253105