https://www.taxtmi.com/caselaws?id=236054 Where duty is tendered by cheque and the cheque is duly honoured, payment is treated as made on the date of presentation, not on the date of encashment. Mere delay in clearance does not change the character of the payment or, by itself, sustain a penalty. On the facts, the cheque was not dishonoured and no basis was shown to disregard the earlier view relied upon by the Commissioner (Appeals). The Revenue challenge therefore failed, and the penalty was held not sustainable. en-us Fri, 10 May 2013 00:00:00 +0530 Tue, 13 Aug 2013 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236054 Where duty is tendered by cheque and the cheque is duly honoured, payment is treated as made on the date of presentation, not on the date of encashment. Mere delay in clearance does not change the character of the payment or, by itself, sustain a penalty. On the facts, the cheque was not dishonoured and no basis was shown to disregard the earlier view relied upon by the Commissioner (Appeals). The Revenue challenge therefore failed, and the penalty was held not sustainable. Case-Laws Central Excise Fri, 10 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236054