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Central Excise - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Reduced penalty u/s 11AC @ 25% - date of payment of duty not ...


Penalty Reduced to 25% u/s 11AC; Argument for Late Payment with Interest Rejected Due to Unclear Duty Date.

July 16, 2013

Case Laws     Central Excise     AT

Reduced penalty u/s 11AC @ 25% - date of payment of duty not known - interest was not computed - the contention that since interest was computed, deposit of amount beyond 30 day to be accepted cannot sustain - AT

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