https://www.taxtmi.com/caselaws?id=111128 The Tribunal allowed the appeal, setting aside the order confirming an excise duty demand and penalty. The appellant, who paid excise duty based on rounding off to the nearest lower rupee, claimed that excess duty was paid due to this method. The Tribunal found that the appellant had overpaid by Rs. 4,924 compared to the duty due on the Maximum Retail Price. Consequently, the appellant was entitled to a refund of this amount, emphasizing the importance of accurate duty calculations, especially when rounding off methods are utilized. en-us Tue, 13 Jan 2004 00:00:00 +0530 Fri, 20 Apr 2012 14:46:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111128 The Tribunal allowed the appeal, setting aside the order confirming an excise duty demand and penalty. The appellant, who paid excise duty based on rounding off to the nearest lower rupee, claimed that excess duty was paid due to this method. The Tribunal found that the appellant had overpaid by Rs. 4,924 compared to the duty due on the Maximum Retail Price. Consequently, the appellant was entitled to a refund of this amount, emphasizing the importance of accurate duty calculations, especially when rounding off methods are utilized. Case-Laws Central Excise Tue, 13 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111128