https://www.taxtmi.com/caselaws?id=214304 The Tribunal ruled in favor of the Revenue, setting aside the impugned order that reduced the penalty for an appellant company engaged in manufacturing Man Made Fabrics. The case involved duty demand, penalty reduction, and an appeal by the Revenue against the condonation of payment delay. The Tribunal held that there was no legal provision to justify delays in payment of duty, interest, and penalty, ultimately allowing the Revenue's appeal and emphasizing the lack of authority to condone such delays. en-us Tue, 01 May 2012 00:00:00 +0530 Wed, 06 Jun 2012 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214304 The Tribunal ruled in favor of the Revenue, setting aside the impugned order that reduced the penalty for an appellant company engaged in manufacturing Man Made Fabrics. The case involved duty demand, penalty reduction, and an appeal by the Revenue against the condonation of payment delay. The Tribunal held that there was no legal provision to justify delays in payment of duty, interest, and penalty, ultimately allowing the Revenue's appeal and emphasizing the lack of authority to condone such delays. Case-Laws Central Excise Tue, 01 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214304