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2014 (1) TMI 1334 - HC - Central ExciseWaiver of pre deposit - Both the units were running as one single unit and had claimed exemption of small units operating separately - Held that:- goods worth Rs.80,13,000/-, which was seized, were directed to be released on payment of redemption fine of Rs.8,50,000/- in one case and Rs.1 lac in another case for redeeming the goods. The appellants could have redeemed the goods on payment of Rs.9,50,000/- and used the sale proceeds for payment of Rs.50 lacs - The balance sheets as the income tax returns filed today support that the firms and their partners do not have sufficient means, but that considering that proprietor of one of the firm was partner in another firm, which was running the business claiming exemption as separate units, the order passed by the Tribunal for a deposit of Rs.50 lacs only by consolidated order in both the cases, has taken into consideration the submission both with regard to prima facie case and the undue hardships, which may be caused to the appellants - No substantial question of law arises - However time limit for deposit extended - Decided partly in favour of assessee.
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