TMI Blog2010 (12) TMI 479X X X X Extracts X X X X X X X X Extracts X X X X ..... r : Jyoti Balasundaram, Vice-President]. - Due to delay in payment of duty by the assessees under the compounded levy scheme on aluminum circles, penalty of Rs. 10,000/- was imposed by the adjudicating authority in terms of Rule 25 of the Central Excise Rules, 2001, which was reduced to Rs. 5,000/- by the Commissioner (Appeals). According to the Revenue, the rule prescribes mandatory penalty not ..... X X X X Extracts X X X X X X X X Extracts X X X X
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