https://www.taxtmi.com/caselaws?id=235633 Penalty proceedings for delayed payment of duty under the compounded levy penalty framework were held unsustainable when initiated after five years, because the Tribunal applied the High Court principle that, even without an express limitation period, such proceedings must begin within a reasonable time. Rule 96ZP(3) of the Central Excise Rules, 1944 was treated as pari materia with the provision already considered by the High Court, and no contrary High Court or Supreme Court authority was shown. On that basis, the Tribunal accepted five years as the reasonable benchmark and rejected the Revenue's challenge. en-us Fri, 07 Jun 2013 00:00:00 +0530 Tue, 30 Jul 2013 15:30:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235633 Penalty proceedings for delayed payment of duty under the compounded levy penalty framework were held unsustainable when initiated after five years, because the Tribunal applied the High Court principle that, even without an express limitation period, such proceedings must begin within a reasonable time. Rule 96ZP(3) of the Central Excise Rules, 1944 was treated as pari materia with the provision already considered by the High Court, and no contrary High Court or Supreme Court authority was shown. On that basis, the Tribunal accepted five years as the reasonable benchmark and rejected the Revenue's challenge. Case-Laws Central Excise Fri, 07 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235633