https://www.taxtmi.com/caselaws?id=114436 Under Rule 173GG(3) of the Central Excise Rules, 1944, delayed payment of duty attracted enhanced interest with a penal element, and a separate daily penalty. The CESTAT held that the quantum of penalty had to be assessed in light of this dual burden for the same default, and that the lower authorities had failed to consider that context. Applying that principle, the original penalty was not sustained at full level and was reduced. en-us Thu, 14 Oct 2004 00:00:00 +0530 Tue, 15 May 2012 16:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114436 Under Rule 173GG(3) of the Central Excise Rules, 1944, delayed payment of duty attracted enhanced interest with a penal element, and a separate daily penalty. The CESTAT held that the quantum of penalty had to be assessed in light of this dual burden for the same default, and that the lower authorities had failed to consider that context. Applying that principle, the original penalty was not sustained at full level and was reduced. Case-Laws Central Excise Thu, 14 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114436