https://www.taxtmi.com/caselaws?id=49789 A sick industrial unit before the BIFR may obtain waiver of pre-deposit and stay of duty recovery where financial hardship is established and the excise liability is covered in the proposed rehabilitation scheme. The order noted that the Draft Rehabilitation Scheme specifically referred to the excise dues within the moratorium proposal, and treated the unit's sickness and pending rehabilitation proceedings as sufficient grounds to dispense with pre-deposit. Recovery of the duty amount was stayed pending disposal of the appeal. en-us Mon, 15 May 2000 00:00:00 +0530 Tue, 17 Aug 2010 14:28:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49789 A sick industrial unit before the BIFR may obtain waiver of pre-deposit and stay of duty recovery where financial hardship is established and the excise liability is covered in the proposed rehabilitation scheme. The order noted that the Draft Rehabilitation Scheme specifically referred to the excise dues within the moratorium proposal, and treated the unit's sickness and pending rehabilitation proceedings as sufficient grounds to dispense with pre-deposit. Recovery of the duty amount was stayed pending disposal of the appeal. Case-Laws Central Excise Mon, 15 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49789