https://www.taxtmi.com/caselaws?id=125289 The appellant, a small scale unit, defaulted in duty payment leading to penalties and restrictions on utilizing Modvat credit. The Commissioner (Appeals) confirmed a duty demand of Rs. 3,62,619/- and imposed a penalty equivalent to the duty amount under Rule 25. The judgment clarified that penalties should be imposed as per Central Excise Rules, not under Section 11AC. The appellant was directed to deposit Rs. 50,000/- towards penalty within six weeks. Compliance was required for the appeal's final disposal, emphasizing adherence to duty payment timelines and correct credit utilization. en-us Wed, 25 Mar 2009 00:00:00 +0530 Mon, 22 Oct 2012 15:25:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125289 The appellant, a small scale unit, defaulted in duty payment leading to penalties and restrictions on utilizing Modvat credit. The Commissioner (Appeals) confirmed a duty demand of Rs. 3,62,619/- and imposed a penalty equivalent to the duty amount under Rule 25. The judgment clarified that penalties should be imposed as per Central Excise Rules, not under Section 11AC. The appellant was directed to deposit Rs. 50,000/- towards penalty within six weeks. Compliance was required for the appeal's final disposal, emphasizing adherence to duty payment timelines and correct credit utilization. Case-Laws Central Excise Wed, 25 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125289