https://www.taxtmi.com/caselaws?id=210267 The Tribunal upheld the Commissioner (Appeals) decision and dismissed the appeal due to the appellants' failure to fulfill statutory conditions for the benefit of the first proviso to Section 11AC. The appellants did not pay interest along with duty and penalty within the stipulated time, leading to the denial of the reduced penalty benefit. The importance of timely payment of interest was emphasized, highlighting that even if duty is paid before a show cause notice, penalty under Section 11AC can still apply. en-us Thu, 28 Jul 2011 00:00:00 +0530 Fri, 18 May 2012 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210267 The Tribunal upheld the Commissioner (Appeals) decision and dismissed the appeal due to the appellants' failure to fulfill statutory conditions for the benefit of the first proviso to Section 11AC. The appellants did not pay interest along with duty and penalty within the stipulated time, leading to the denial of the reduced penalty benefit. The importance of timely payment of interest was emphasized, highlighting that even if duty is paid before a show cause notice, penalty under Section 11AC can still apply. Case-Laws Central Excise Thu, 28 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210267