https://www.taxtmi.com/caselaws?id=109180 Amended Rule 57AB of the Central Excise Rules was treated as prospective only, because the substitution effective from 1-3-2001 contained no express retrospective operation. Accordingly, duty could not be demanded for inputs cleared as such during the pre-amendment period from 20-1-2001 to 28-2-2001. On penalty, removal without payment of appropriate duty supported imposition in principle, but voluntary payment before the show cause notice and prompt compliance were treated as mitigating factors, so the penalty was reduced to a nominal amount. en-us Mon, 09 Sep 2002 00:00:00 +0530 Fri, 06 Apr 2012 13:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109180 Amended Rule 57AB of the Central Excise Rules was treated as prospective only, because the substitution effective from 1-3-2001 contained no express retrospective operation. Accordingly, duty could not be demanded for inputs cleared as such during the pre-amendment period from 20-1-2001 to 28-2-2001. On penalty, removal without payment of appropriate duty supported imposition in principle, but voluntary payment before the show cause notice and prompt compliance were treated as mitigating factors, so the penalty was reduced to a nominal amount. Case-Laws Central Excise Mon, 09 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109180