https://www.taxtmi.com/caselaws?id=50104 Unconditional stay and dispensation of pre-deposit may be granted where the applicant shows a strong prima facie case and financial hardship. On the contract with Northern Coalfields Ltd. and prior orders-in-original, the applicants contended they were not the manufacturer of the dragline and therefore had a substantial defence against the confirmed central excise duty and penalty. Their weak financial position, including accumulated losses and reference to BIFR, supported relief. On reviewing the materials, the Tribunal accepted both the prima facie case and the precarious financial condition, and granted unconditional stay of the pre-deposit requirement. en-us Tue, 31 Oct 2000 00:00:00 +0530 Thu, 19 Aug 2010 17:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50104 Unconditional stay and dispensation of pre-deposit may be granted where the applicant shows a strong prima facie case and financial hardship. On the contract with Northern Coalfields Ltd. and prior orders-in-original, the applicants contended they were not the manufacturer of the dragline and therefore had a substantial defence against the confirmed central excise duty and penalty. Their weak financial position, including accumulated losses and reference to BIFR, supported relief. On reviewing the materials, the Tribunal accepted both the prima facie case and the precarious financial condition, and granted unconditional stay of the pre-deposit requirement. Case-Laws Central Excise Tue, 31 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50104