https://www.taxtmi.com/caselaws?id=123355 After default in payment of excise duty, Rule 8(3A) required the assessee to clear the liability in cash or through PLA for the prescribed period, and payment through Cenvat credit was impermissible under the post-amendment regime. An order passed by the jurisdictional Assistant Commissioner under that rule had attained finality because no appeal was filed, and the earlier Larger Bench view was held inapplicable on those facts. The duty and interest demand was therefore sustained, while the penalty was moderated on equitable considerations and reduced to a lower amount. en-us Tue, 26 Feb 2008 00:00:00 +0530 Mon, 11 Sep 2017 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123355 After default in payment of excise duty, Rule 8(3A) required the assessee to clear the liability in cash or through PLA for the prescribed period, and payment through Cenvat credit was impermissible under the post-amendment regime. An order passed by the jurisdictional Assistant Commissioner under that rule had attained finality because no appeal was filed, and the earlier Larger Bench view was held inapplicable on those facts. The duty and interest demand was therefore sustained, while the penalty was moderated on equitable considerations and reduced to a lower amount. Case-Laws Central Excise Tue, 26 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123355