https://www.taxtmi.com/caselaws?id=202890 The Tribunal held that despite payment of duty before the show-cause notice, the respondent was liable for penalty and interest. However, following the Delhi High Court precedent, the penalty was reduced to 25% of the duty amount if paid within one month. As the respondent paid the reduced penalty promptly, only 25% of the duty demand was imposed as penalty, totaling Rs.17,594/-. The earlier penalty and interest amounts paid were refunded, and the respondent agreed to deposit these amounts within one month to comply with the Tribunal's decision. en-us Tue, 07 Dec 2010 00:00:00 +0530 Sat, 23 Apr 2011 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202890 The Tribunal held that despite payment of duty before the show-cause notice, the respondent was liable for penalty and interest. However, following the Delhi High Court precedent, the penalty was reduced to 25% of the duty amount if paid within one month. As the respondent paid the reduced penalty promptly, only 25% of the duty demand was imposed as penalty, totaling Rs.17,594/-. The earlier penalty and interest amounts paid were refunded, and the respondent agreed to deposit these amounts within one month to comply with the Tribunal's decision. Case-Laws Central Excise Tue, 07 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202890