Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2014 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (1) TMI 54 - CESTAT BANGALOREProcess amount to manufacture or not - Waiver of Pre-deposit – Held that:- The appellant cannot claim full waiver of pre-deposit – further the appellant is not pleading limitation against the demands - there is also no plea of financial hardships in the stay applications - Balance sheet and profit & loss account do not reflect any uncomfortable financial situation of the assessee as on 31-3-2012 - there appears to be considerable improvement of their financial status as decipherable from the documents presented as on 31-3-2012 and as on 31-3-2011 – thus, the appellant is directed to pre-deposit 25% of the duty – upon such submission rest of the duty to be stayed till the disposal – Partial stay granted.
|