https://www.taxtmi.com/caselaws?id=114698 Amounts collected from buyers under Rule 57CC were treated as outside Section 11D, and that position was already accepted in the earlier view referred to in the text. On that basis, mere non-deposit of such collected amounts did not, by itself, justify a personal penalty. The Tribunal therefore upheld the setting aside of the penalty and rejected the Revenue's challenge. The stated ratio is that where the collection is referable to Rule 57CC and Section 11D does not apply, failure to deposit the amount is insufficient, on its own, to sustain personal penalty. en-us Thu, 25 Nov 2004 00:00:00 +0530 Sat, 19 May 2012 10:49:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114698 Amounts collected from buyers under Rule 57CC were treated as outside Section 11D, and that position was already accepted in the earlier view referred to in the text. On that basis, mere non-deposit of such collected amounts did not, by itself, justify a personal penalty. The Tribunal therefore upheld the setting aside of the penalty and rejected the Revenue's challenge. The stated ratio is that where the collection is referable to Rule 57CC and Section 11D does not apply, failure to deposit the amount is insufficient, on its own, to sustain personal penalty. Case-Laws Central Excise Thu, 25 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114698