https://www.taxtmi.com/caselaws?id=117649 The case involved appellants in the paper manufacturing sector availing Cenvat credit and fortnightly duty payment, leading to forfeiture of the payment facility due to default. The dispute arose over duty payment modes during forfeiture, with the department objecting to payment through debit in the Cenvat account. The penalty under Rule 25 of Central Excise Rules, 2002 was reduced from Rs. 6,45,117 to Rs. 1,00,000, which was upheld by the court based on the mandatory nature of Rule 8 and the discretion exercised by lower authorities in penalty imposition and reduction. The appeal was dismissed, sustaining the penalty at Rs. 1,00,000. en-us Tue, 31 Jan 2006 00:00:00 +0530 Mon, 25 Jun 2012 15:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117649 The case involved appellants in the paper manufacturing sector availing Cenvat credit and fortnightly duty payment, leading to forfeiture of the payment facility due to default. The dispute arose over duty payment modes during forfeiture, with the department objecting to payment through debit in the Cenvat account. The penalty under Rule 25 of Central Excise Rules, 2002 was reduced from Rs. 6,45,117 to Rs. 1,00,000, which was upheld by the court based on the mandatory nature of Rule 8 and the discretion exercised by lower authorities in penalty imposition and reduction. The appeal was dismissed, sustaining the penalty at Rs. 1,00,000. Case-Laws Central Excise Tue, 31 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117649