2012 (8) TMI 901 - SCH - Customs

Penalty u/s 11AC - Whether the factual findings recorded by the Customs, Excise and Service Tax Appellate Tribunal, that the assesse has not made out a prima facie case or undue hardship to waive the pre-deposit under Section 35F of the Central Excise Act, 1944, could be set aside by way of judicial review without demonstrating that such a finding was perverse - Supreme Court did not find any ground for interference with the impugned order and dimissed the petition filed by the assessee against the decision of High Court 2014 (2) TMI 357 - MADRAS HIGH COURT . However, Supreme Court granted extention of time for complying the CESTAT Order 2012 (11) TMI 598 - CESTAT, CHENNAI .

Summary

The Supreme Court dismissed the Special Leave Petition but granted the petitioner an additional four weeks to comply with the order dated December 8, 2011, passed by the Customs, Excise, and Service Tax Appellate Tribunal.