https://www.taxtmi.com/caselaws?id=210927 The Tribunal upheld penalties under Rule 25 and Rule 27 for a company's default in monthly duty payments, despite arguments of no fraudulent intent. The penalty under Rule 25 was deemed applicable due to duty payment defaults for each consignment without using CENVAT Credit. The penalty under Rule 27 was upheld for non-filing of monthly returns. Considering the company's Small Scale Industry (SSI) status and lack of fraudulent intent, the penalty under Rule 25 was reduced from Rs. 2 lakhs to Rs. 25,000. en-us Wed, 19 Oct 2011 00:00:00 +0530 Wed, 29 Aug 2012 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210927 The Tribunal upheld penalties under Rule 25 and Rule 27 for a company's default in monthly duty payments, despite arguments of no fraudulent intent. The penalty under Rule 25 was deemed applicable due to duty payment defaults for each consignment without using CENVAT Credit. The penalty under Rule 27 was upheld for non-filing of monthly returns. Considering the company's Small Scale Industry (SSI) status and lack of fraudulent intent, the penalty under Rule 25 was reduced from Rs. 2 lakhs to Rs. 25,000. Case-Laws Central Excise Wed, 19 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210927