https://www.taxtmi.com/caselaws?id=789644 Discretion to waive pre-deposit under the Foreign Trade (Development & Regulation) Act was upheld where the appellate authority considered the record, noted admitted non-fulfilment of export obligation, and found no basis for waiver. Financial hardship and BIFR reference did not justify relief because the export obligation period had already expired before that reference, and no material showed non-application of mind, perversity, or arbitrariness. The refusal to waive deposit was therefore sustained, with no interference warranted. en-us Fri, 27 Mar 2026 00:00:00 +0530 Sat, 11 Apr 2026 08:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789644 Discretion to waive pre-deposit under the Foreign Trade (Development & Regulation) Act was upheld where the appellate authority considered the record, noted admitted non-fulfilment of export obligation, and found no basis for waiver. Financial hardship and BIFR reference did not justify relief because the export obligation period had already expired before that reference, and no material showed non-application of mind, perversity, or arbitrariness. The refusal to waive deposit was therefore sustained, with no interference warranted. Case-Laws Customs Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789644