https://www.taxtmi.com/caselaws?id=106801 Abatement under the compounded levy scheme was available only on strict compliance with Rule 96ZO(2), including timely closure intimation and furnishing of electricity meter readings and closing stock particulars. Where the manufacturer failed to provide the required supporting particulars, abatement was denied for those closure periods; where complete particulars were later received and the closure lasted at least seven days, abatement was allowed from the date complete intimation was received, despite a one-day delay. Because the duty liability had to be recomputed on that basis, the equivalent penalty could not be finally determined and was remitted for reconsideration after recomputation and hearing. en-us Mon, 25 Nov 2002 00:00:00 +0530 Thu, 15 Mar 2012 17:12:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106801 Abatement under the compounded levy scheme was available only on strict compliance with Rule 96ZO(2), including timely closure intimation and furnishing of electricity meter readings and closing stock particulars. Where the manufacturer failed to provide the required supporting particulars, abatement was denied for those closure periods; where complete particulars were later received and the closure lasted at least seven days, abatement was allowed from the date complete intimation was received, despite a one-day delay. Because the duty liability had to be recomputed on that basis, the equivalent penalty could not be finally determined and was remitted for reconsideration after recomputation and hearing. Case-Laws Central Excise Mon, 25 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106801