https://www.taxtmi.com/caselaws?id=112678 The Tribunal directed M/s. Chennai Petroleum Corpn. Ltd. to deposit Rs. 30 lakhs within six weeks, with a waiver granted for the remaining duty amount and penalty. The recovery of the deposited sum was stayed pending the appeal's outcome, with compliance reporting scheduled for a later date. The Tribunal found that Rule 16 of the Central Excise Rules, 2002, did not apply as the goods were not initially cleared on payment of duty, leading to the decision to uphold the duty payment for HSD removed from the factory premises. en-us Wed, 13 Oct 2004 00:00:00 +0530 Tue, 01 May 2012 12:22:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112678 The Tribunal directed M/s. Chennai Petroleum Corpn. Ltd. to deposit Rs. 30 lakhs within six weeks, with a waiver granted for the remaining duty amount and penalty. The recovery of the deposited sum was stayed pending the appeal's outcome, with compliance reporting scheduled for a later date. The Tribunal found that Rule 16 of the Central Excise Rules, 2002, did not apply as the goods were not initially cleared on payment of duty, leading to the decision to uphold the duty payment for HSD removed from the factory premises. Case-Laws Central Excise Wed, 13 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112678