https://www.taxtmi.com/caselaws?id=47615 The High Court quashed the Tribunal's order for not considering the statutory pre-deposit requirement and safeguarding the revenue's interest. The Court directed the respondent-assessee to deposit 75% of the disputed amount and provide a bank guarantee for the remaining 25% within four weeks. Emphasizing that a strong prima facie case alone does not constitute undue hardship, the Court highlighted the need for informed discretion in waiving pre-deposit. The importance of protecting the revenue's interest in waiver applications under Section 129E of the Customs Act, 1962 was reiterated. en-us Fri, 20 Jan 2006 00:00:00 +0530 Fri, 30 Jul 2010 09:43:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47615 The High Court quashed the Tribunal's order for not considering the statutory pre-deposit requirement and safeguarding the revenue's interest. The Court directed the respondent-assessee to deposit 75% of the disputed amount and provide a bank guarantee for the remaining 25% within four weeks. Emphasizing that a strong prima facie case alone does not constitute undue hardship, the Court highlighted the need for informed discretion in waiving pre-deposit. The importance of protecting the revenue's interest in waiver applications under Section 129E of the Customs Act, 1962 was reiterated. Case-Laws Customs Fri, 20 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47615