2000 (8) TMI 150

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..... Sub-rule (3) requires 50% of the duty determined as payable for the month to be paid by the 15th of the month and remainder to be paid by the end of that month. Sub-Rule (5) prescribed that in the event of delay interest was payable from the due date to the date of actual payment and also that a penalty equal to Rs. 5,000/- or the amount outstanding was imposable whichever was greater. In the pre .....

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..... ed hereafter I waive the requirement of pre-deposit and proceed to decide the appeal. 3. The assessees had given a lucid explanation as to why the delay was caused. The high-handed and erratic behaviour on the nationalised banks is the bane of all persons dealing with them. The Commissioner's stand was unduly rigid. Ordinarily I would have taken a serious view of a recalcitrant assessee who woul .....

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