https://www.taxtmi.com/caselaws?id=265576 The High Court of Kerala modified the CESTAT order, reducing the pre-deposit amount from Rs. 1 crore to Rs. 50 lakhs in an appeal where the appellant challenged the refusal to waive the pre-deposit. An interim order stayed the original order on the condition of depositing Rs. 25 lakhs. The Court found merit in the appellant's argument regarding financial hardship and potential harm. The appellant was directed to pay the reduced amount within three weeks. The CESTAT was instructed to proceed with the appeal after the deposit, allowing both parties to present their case. The appeal was decided in favor of the appellant with the modified pre-deposit amount. en-us Mon, 23 Feb 2015 00:00:00 +0530 Tue, 13 Oct 2015 06:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265576 The High Court of Kerala modified the CESTAT order, reducing the pre-deposit amount from Rs. 1 crore to Rs. 50 lakhs in an appeal where the appellant challenged the refusal to waive the pre-deposit. An interim order stayed the original order on the condition of depositing Rs. 25 lakhs. The Court found merit in the appellant's argument regarding financial hardship and potential harm. The appellant was directed to pay the reduced amount within three weeks. The CESTAT was instructed to proceed with the appeal after the deposit, allowing both parties to present their case. The appeal was decided in favor of the appellant with the modified pre-deposit amount. Case-Laws Central Excise Mon, 23 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265576