https://www.taxtmi.com/caselaws?id=113953 Under the compounded levy regime, abatement for factory closure becomes effective only when the prescribed conditions are satisfied and the competent authority formally allows it. A manufacturer cannot unilaterally withhold or reduce duty on the basis of a pending abatement claim; duty remains payable in full until abatement is granted, with any excess recoverable later by refund. Non-payment in the required manner also attracts penalty, though the amount may be moderated on the facts. The article states that duty liability was sustained and the penalty was reduced. en-us Tue, 29 Jun 2004 00:00:00 +0530 Wed, 09 May 2012 14:21:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113953 Under the compounded levy regime, abatement for factory closure becomes effective only when the prescribed conditions are satisfied and the competent authority formally allows it. A manufacturer cannot unilaterally withhold or reduce duty on the basis of a pending abatement claim; duty remains payable in full until abatement is granted, with any excess recoverable later by refund. Non-payment in the required manner also attracts penalty, though the amount may be moderated on the facts. The article states that duty liability was sustained and the penalty was reduced. Case-Laws Central Excise Tue, 29 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113953