https://www.taxtmi.com/caselaws?id=107470 The judge set aside the Assistant Commissioner's order forfeiting the facility to pay excise duty in instalments, ruling in favor of M/s. TBK India Pvt. Ltd. The judge found that the defaults in duty payment were due to a calculation error promptly rectified by the appellants, not indicative of default in paying instalments. Emphasizing the lack of mala fide intention and the timely rectification, the judge reinstated the facility, highlighting the importance of considering circumstances leading to payment defaults before forfeiture, especially when errors are promptly corrected without intent to evade duty obligations. en-us Wed, 19 Feb 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107470 The judge set aside the Assistant Commissioner's order forfeiting the facility to pay excise duty in instalments, ruling in favor of M/s. TBK India Pvt. Ltd. The judge found that the defaults in duty payment were due to a calculation error promptly rectified by the appellants, not indicative of default in paying instalments. Emphasizing the lack of mala fide intention and the timely rectification, the judge reinstated the facility, highlighting the importance of considering circumstances leading to payment defaults before forfeiture, especially when errors are promptly corrected without intent to evade duty obligations. Case-Laws Central Excise Wed, 19 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107470