https://www.taxtmi.com/caselaws?id=115800 The Tribunal upheld the penalty and interest imposed on the Appellants for clearing excisable goods without paying duty. Despite not contesting the duty amount, the Appellants challenged the penalty and interest. The Tribunal found that since the duty demand was not disputed, the Appellants admitted the clearance without payment of duty, leading to penalty under Rule 25 of the Central Excise Rules and interest under Section 11AB of the Central Excise Act. The penalty was reduced to Rs. 15,000 due to immediate duty payment after detection, and the interest charge under Section 11AB was affirmed. en-us Tue, 30 Nov 2004 00:00:00 +0530 Mon, 04 Jun 2012 12:17:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115800 The Tribunal upheld the penalty and interest imposed on the Appellants for clearing excisable goods without paying duty. Despite not contesting the duty amount, the Appellants challenged the penalty and interest. The Tribunal found that since the duty demand was not disputed, the Appellants admitted the clearance without payment of duty, leading to penalty under Rule 25 of the Central Excise Rules and interest under Section 11AB of the Central Excise Act. The penalty was reduced to Rs. 15,000 due to immediate duty payment after detection, and the interest charge under Section 11AB was affirmed. Case-Laws Central Excise Tue, 30 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115800