1994 (1) TMI 102 - HC - Central Excise

Summary

The High Court dismissed the writ petition seeking to quash an order by the Customs, Excise and Gold (Control) Appellate Tribunal. The Tribunal had reduced the duty amount for the petitioner but required a cash deposit and bank guarantee. The Court found that the Tribunal had already provided maximum concession and rejected the petitioner's argument of suffering losses. Previous decisions cited were deemed irrelevant. The writ petition lacked merit and was dismissed.