https://www.taxtmi.com/caselaws?id=124298 The Appellate Tribunal CESTAT, New Delhi, denied the application for waiver of pre-deposit of duty and penalty under Central Excise Rules. The applicants failed to deposit duty on time, leading to a dispute on payment mode during the default period. The Tribunal held that the amended rules prohibited payment from the Cenvat account during default periods, contrary to a prior Bombay High Court decision. The applicants were directed to pay the disputed amount from the current account and comply within eight weeks, emphasizing the importance of adhering to updated regulations to avoid penalties. en-us Tue, 02 Sep 2008 00:00:00 +0530 Wed, 30 Aug 2017 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124298 The Appellate Tribunal CESTAT, New Delhi, denied the application for waiver of pre-deposit of duty and penalty under Central Excise Rules. The applicants failed to deposit duty on time, leading to a dispute on payment mode during the default period. The Tribunal held that the amended rules prohibited payment from the Cenvat account during default periods, contrary to a prior Bombay High Court decision. The applicants were directed to pay the disputed amount from the current account and comply within eight weeks, emphasizing the importance of adhering to updated regulations to avoid penalties. Case-Laws Central Excise Tue, 02 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124298