https://www.taxtmi.com/caselaws?id=416595 The court dismissed the writ petition challenging the CESTAT's order requiring a 50% pre-deposit of Central Excise duty amounting to Rs. 9,92,53,226, along with interest and penalty. The petitioner's plea for a complete waiver based on financial hardship was rejected, emphasizing the need to balance financial hardship with Revenue interests. The court found the partial waiver reasonable, noting procedural compliance by the Commissioner and the amount demanded. The decision upheld the CESTAT's order on the pre-deposit waiver of Central Excise duty, vacating the interim order. en-us Wed, 15 Dec 2021 00:00:00 +0530 Mon, 03 Jan 2022 08:26:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416595 The court dismissed the writ petition challenging the CESTAT's order requiring a 50% pre-deposit of Central Excise duty amounting to Rs. 9,92,53,226, along with interest and penalty. The petitioner's plea for a complete waiver based on financial hardship was rejected, emphasizing the need to balance financial hardship with Revenue interests. The court found the partial waiver reasonable, noting procedural compliance by the Commissioner and the amount demanded. The decision upheld the CESTAT's order on the pre-deposit waiver of Central Excise duty, vacating the interim order. Case-Laws Central Excise Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416595