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2012 (5) TMI 557 - HC - Central ExciseWaiver of pre deposit - Conversion of goods under EPCG scheme - Held that:- Substantial relief has already been granted by the Tribunal. There is waiver of most of the liability at this stage and only rupees one crore has been ordered to be deposited. Learned counsel for the petitioner has submitted that case is pending before the B.I.F.R. However it is not disputed that the industry has not been declared sick so far, as such, we find that no case for interference is made out. Ten days’ time from today is granted to deposit the aforesaid amount, in case, the appeal has not been dismissed so far due to non-compliance of the order passed by the Tribunal. Decided against assessee.
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