https://www.taxtmi.com/caselaws?id=753578 MP HC dismissed petitioner's request to waive pre-deposit requirement under Section 35F of Central Excise Act, 1944 applicable to Service Tax. Petitioner claimed financial inability due to insufficient bank balance. Court held that amended Section 35F effective from 06.08.2014 provides only two exceptions: pre-deposit cap of Rs. 10 crores and non-applicability to pending appeals before commencement of Finance (No.2) Act, 2014. No third exception could be carved out based on repealed provisions. Petition dismissed as amended provisions differ from pre-2014 provisions and apply to post-06.08.2014 proceedings. en-us Thu, 30 May 2024 00:00:00 +0530 Thu, 06 Jun 2024 08:21:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753578 MP HC dismissed petitioner's request to waive pre-deposit requirement under Section 35F of Central Excise Act, 1944 applicable to Service Tax. Petitioner claimed financial inability due to insufficient bank balance. Court held that amended Section 35F effective from 06.08.2014 provides only two exceptions: pre-deposit cap of Rs. 10 crores and non-applicability to pending appeals before commencement of Finance (No.2) Act, 2014. No third exception could be carved out based on repealed provisions. Petition dismissed as amended provisions differ from pre-2014 provisions and apply to post-06.08.2014 proceedings. Case-Laws Central Excise Thu, 30 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753578