https://www.taxtmi.com/caselaws?id=76389 For the period before 31-03-2005, debit of duty in RG23A Part-II was accepted as valid discharge of duty liability even after forfeiture of the fortnightly payment facility, though the assessee was required to pay through PLA on a consignment-wise basis. Because the duty was not discharged within the prescribed time, interest remained payable for the delay. The facts did not justify the stringent equal-penalty consequence under Rule 25 read with Section 11AC, so the equal penalty was set aside and replaced with a token penalty of Rs. 10,000. en-us Mon, 11 May 2009 00:00:00 +0530 Wed, 23 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76389 For the period before 31-03-2005, debit of duty in RG23A Part-II was accepted as valid discharge of duty liability even after forfeiture of the fortnightly payment facility, though the assessee was required to pay through PLA on a consignment-wise basis. Because the duty was not discharged within the prescribed time, interest remained payable for the delay. The facts did not justify the stringent equal-penalty consequence under Rule 25 read with Section 11AC, so the equal penalty was set aside and replaced with a token penalty of Rs. 10,000. Case-Laws Central Excise Mon, 11 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76389