Pre-Deposit Mandatory for Excise Appeal, Financial Hardship No Excuse: SC

Altafhusen Mayuddin Khatri Vs Union of India & Anr. (Supreme Court of India) Pre-Deposit is must, to file appeal and cannot be frustrated for Assessee’s financial hardship: SC Summary: In the case of Altafhusen Mayuddin Khatri v. Union of India, the Supreme Court of India upheld that financial hardship cannot be a valid reason to waive or reduce the mandatory pre-deposit required for filing an appeal. The petitioner, who faced a demand of over ₹400 crores, argued that he was unable to pay the statutory pre-deposit of ₹10 crores, which is required under Section 35F of the Central Exci...