https://www.taxtmi.com/caselaws?id=123525 The Appellate Tribunal restored the appeal, allowing for its hearing and disposal on the same day. The appellants paid the duty in full but delayed part of the penalty payment, resulting in interest payment at a later date. The Lower Appellate Authority denied a reduction in penalty amount, leading to an appeal. The Tribunal found that the appellants did not comply with the payment requirements within 30 days, thus losing the benefit of reduced penalty under Section 11AC. Consequently, the appeal was rejected. en-us Mon, 03 Mar 2008 00:00:00 +0530 Fri, 14 Sep 2012 18:28:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123525 The Appellate Tribunal restored the appeal, allowing for its hearing and disposal on the same day. The appellants paid the duty in full but delayed part of the penalty payment, resulting in interest payment at a later date. The Lower Appellate Authority denied a reduction in penalty amount, leading to an appeal. The Tribunal found that the appellants did not comply with the payment requirements within 30 days, thus losing the benefit of reduced penalty under Section 11AC. Consequently, the appeal was rejected. Case-Laws Central Excise Mon, 03 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123525