https://www.taxtmi.com/caselaws?id=114702 A personal penalty was challenged on the basis that duty had been tendered by cheque before the due date, the cheque was presented in time, and encashment was delayed only because of an unforeseen banking circumstance. The settled principle applied was that the relevant date is the date of presentation of the cheque, with later clearance relating back to that date. In the absence of mala fides, the penalty was found unsustainable and was set aside. en-us Mon, 29 Nov 2004 00:00:00 +0530 Sat, 19 May 2012 11:11:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114702 A personal penalty was challenged on the basis that duty had been tendered by cheque before the due date, the cheque was presented in time, and encashment was delayed only because of an unforeseen banking circumstance. The settled principle applied was that the relevant date is the date of presentation of the cheque, with later clearance relating back to that date. In the absence of mala fides, the penalty was found unsustainable and was set aside. Case-Laws Central Excise Mon, 29 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114702