https://www.taxtmi.com/caselaws?id=110953 Penalty under Rule 96ZQ(5) was considered inappropriate where duty payment was delayed by one day because of a bona fide clerical mistake in the cheque, even though the amount in figures was correct. The duty was paid immediately in cash after the error was discovered, and interest for the delayed day was also discharged. On these facts, the provision was not applied mechanically, and penalty equal to the duty amount was found unwarranted. The approach emphasised that prompt rectification of a brief, genuine error does not justify penal action for delayed payment. en-us Tue, 24 Feb 2004 00:00:00 +0530 Thu, 19 Apr 2012 13:09:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110953 Penalty under Rule 96ZQ(5) was considered inappropriate where duty payment was delayed by one day because of a bona fide clerical mistake in the cheque, even though the amount in figures was correct. The duty was paid immediately in cash after the error was discovered, and interest for the delayed day was also discharged. On these facts, the provision was not applied mechanically, and penalty equal to the duty amount was found unwarranted. The approach emphasised that prompt rectification of a brief, genuine error does not justify penal action for delayed payment. Case-Laws Central Excise Tue, 24 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110953