https://www.taxtmi.com/caselaws?id=124583 The Tribunal held that the Commissioner (Appeals) had the authority to reduce the forfeiture period for delayed duty payments under Rule 8(1) of the Central Excise Rules, 2002. The judgment emphasized that the mandatory two-month forfeiture period is not absolute, considering factors such as financial crises and delays due to being declared a sick unit. The Tribunal cited precedents to support the reduction of forfeiture periods to as low as three weeks in specific cases. Appeals by the Revenue were dismissed, affirming the decisions of the Commissioner (Appeals) in modifying forfeiture periods for various respondents. en-us Fri, 06 Jun 2008 00:00:00 +0530 Wed, 03 Oct 2012 10:19:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124583 The Tribunal held that the Commissioner (Appeals) had the authority to reduce the forfeiture period for delayed duty payments under Rule 8(1) of the Central Excise Rules, 2002. The judgment emphasized that the mandatory two-month forfeiture period is not absolute, considering factors such as financial crises and delays due to being declared a sick unit. The Tribunal cited precedents to support the reduction of forfeiture periods to as low as three weeks in specific cases. Appeals by the Revenue were dismissed, affirming the decisions of the Commissioner (Appeals) in modifying forfeiture periods for various respondents. Case-Laws Central Excise Fri, 06 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124583