https://www.taxtmi.com/caselaws?id=44128 The appeal challenging the refusal to waive the deposit under Section 129-E of the Customs Act was dismissed. The Tribunal exercised its discretion, considering factors such as undue hardship and revenue interests, and reduced the deposit from Rs. 20 lakhs to Rs. 5 lakhs. The appellant's argument regarding the lack of a personal hearing was rejected, emphasizing that the validity of the order depended on the overall circumstances. The Court upheld the Tribunal's decision, highlighting the discretionary power of the Appellate Tribunal in deciding on deposit waivers. en-us Wed, 23 Aug 1995 00:00:00 +0530 Wed, 23 Jun 2010 12:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44128 The appeal challenging the refusal to waive the deposit under Section 129-E of the Customs Act was dismissed. The Tribunal exercised its discretion, considering factors such as undue hardship and revenue interests, and reduced the deposit from Rs. 20 lakhs to Rs. 5 lakhs. The appellant's argument regarding the lack of a personal hearing was rejected, emphasizing that the validity of the order depended on the overall circumstances. The Court upheld the Tribunal's decision, highlighting the discretionary power of the Appellate Tribunal in deciding on deposit waivers. Case-Laws Customs Wed, 23 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44128