https://www.taxtmi.com/caselaws?id=182688 The High Court found in favor of the petitioners, setting aside the impugned order and remanding the matter to the Tribunal for rehearing. The Court emphasized the need to consider financial hardship in the context of the economy and market liquidity to prevent adverse effects on production and employment. The petitioners established a prima facie case, and the issue of hardship requires further examination. Respondents were directed not to recover the disputed amount during the appeal's pendency before the Tribunal. en-us Wed, 14 Oct 2009 00:00:00 +0530 Tue, 17 May 2016 18:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182688 The High Court found in favor of the petitioners, setting aside the impugned order and remanding the matter to the Tribunal for rehearing. The Court emphasized the need to consider financial hardship in the context of the economy and market liquidity to prevent adverse effects on production and employment. The petitioners established a prima facie case, and the issue of hardship requires further examination. Respondents were directed not to recover the disputed amount during the appeal's pendency before the Tribunal. Case-Laws Central Excise Wed, 14 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182688