https://www.taxtmi.com/caselaws?id=124865 The Tribunal dismissed the appeal filed by the department, ruling that the respondents had timely remitted the duty amount as required by Explanation (b) of Rule 8 of the Central Excise Rules, 2002. The Tribunal found that the respondents had sufficient credit in their accounts on the date of cheque deposit to cover the duty liability, making the Revenue's claim for interest baseless. The decision emphasized the importance of adhering to procedural rules and timely payment in excise matters, ultimately leading to the appeal's dismissal. en-us Fri, 19 Dec 2008 00:00:00 +0530 Tue, 16 Oct 2012 15:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124865 The Tribunal dismissed the appeal filed by the department, ruling that the respondents had timely remitted the duty amount as required by Explanation (b) of Rule 8 of the Central Excise Rules, 2002. The Tribunal found that the respondents had sufficient credit in their accounts on the date of cheque deposit to cover the duty liability, making the Revenue's claim for interest baseless. The decision emphasized the importance of adhering to procedural rules and timely payment in excise matters, ultimately leading to the appeal's dismissal. Case-Laws Central Excise Fri, 19 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124865