https://www.taxtmi.com/caselaws?id=202634 The Tribunal confirmed the uncontested duty demand and set the penalty at Rs.65,020.25 for the appellant, subject to timely payment of any remaining interest within 30 days. Failure to pay the balance interest within the specified period would result in a penalty of Rs.2,60,081. The judgment emphasized the importance of granting the option for reduced penalty payment and ensuring compliance with specified timelines for payment of duty, interest, and penalties, citing relevant court precedents. en-us Tue, 25 Jan 2011 00:00:00 +0530 Wed, 23 Mar 2011 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202634 The Tribunal confirmed the uncontested duty demand and set the penalty at Rs.65,020.25 for the appellant, subject to timely payment of any remaining interest within 30 days. Failure to pay the balance interest within the specified period would result in a penalty of Rs.2,60,081. The judgment emphasized the importance of granting the option for reduced penalty payment and ensuring compliance with specified timelines for payment of duty, interest, and penalties, citing relevant court precedents. Case-Laws Central Excise Tue, 25 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202634