https://www.taxtmi.com/caselaws?id=328728 The court dismissed the writ petition challenging Circulars on mandatory pre-deposit for CESTAT appeals post-amendment to Section 35F of the Central Excise Act. The court upheld the amendment's requirement of pre-deposit for pending appeals at rates of 7.5% or 10%. The petitioner's financial hardship plea, citing a High Court decision, was not accepted, and the court emphasized the legislative intent behind the amendment, ruling that ceasing operations does not dissolve a legal entity's duty. The court found the financial hardship plea insufficient for a complete waiver of pre-deposit and dismissed the writ petition without costs. en-us Thu, 02 Jun 2016 00:00:00 +0530 Fri, 18 Nov 2016 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328728 The court dismissed the writ petition challenging Circulars on mandatory pre-deposit for CESTAT appeals post-amendment to Section 35F of the Central Excise Act. The court upheld the amendment's requirement of pre-deposit for pending appeals at rates of 7.5% or 10%. The petitioner's financial hardship plea, citing a High Court decision, was not accepted, and the court emphasized the legislative intent behind the amendment, ruling that ceasing operations does not dissolve a legal entity's duty. The court found the financial hardship plea insufficient for a complete waiver of pre-deposit and dismissed the writ petition without costs. Case-Laws Central Excise Thu, 02 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328728