https://www.taxtmi.com/caselaws?id=76152 The Tribunal upheld the Commissioner (Appeals) order imposing a penalty under Rule 25 of the Central Excise Rules, setting aside the dropping of demand and failure to order confiscation. The appellants' delay in duty payment due to a bounced cheque was not accepted as a valid excuse, emphasizing the mandatory nature of Rule 8 provisions and consequences for default. The Tribunal dismissed the appeal, affirming the liability under Rule 8 for failure to pay duty within the specified period and grace period, stating legislative intent required consequences for such non-compliance. en-us Wed, 03 Jun 2009 00:00:00 +0530 Sat, 12 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76152 The Tribunal upheld the Commissioner (Appeals) order imposing a penalty under Rule 25 of the Central Excise Rules, setting aside the dropping of demand and failure to order confiscation. The appellants' delay in duty payment due to a bounced cheque was not accepted as a valid excuse, emphasizing the mandatory nature of Rule 8 provisions and consequences for default. The Tribunal dismissed the appeal, affirming the liability under Rule 8 for failure to pay duty within the specified period and grace period, stating legislative intent required consequences for such non-compliance. Case-Laws Central Excise Wed, 03 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76152