https://www.taxtmi.com/caselaws?id=117531 The Tribunal upheld the demand of duty for the defaulted period due to non-compliance with Rule 8(4) of the Central Excise Rules, 2002. The appellants' utilization of Cenvat credit for duty payment during the forfeiture period was deemed invalid. Despite reducing the penalty amount significantly, the Tribunal sustained the duty demand, emphasizing adherence to duty payment regulations and reducing the penalty based on the circumstances surrounding the duty payment. en-us Tue, 14 Mar 2006 00:00:00 +0530 Sat, 23 Jun 2012 12:45:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117531 The Tribunal upheld the demand of duty for the defaulted period due to non-compliance with Rule 8(4) of the Central Excise Rules, 2002. The appellants' utilization of Cenvat credit for duty payment during the forfeiture period was deemed invalid. Despite reducing the penalty amount significantly, the Tribunal sustained the duty demand, emphasizing adherence to duty payment regulations and reducing the penalty based on the circumstances surrounding the duty payment. Case-Laws Central Excise Tue, 14 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117531