https://www.taxtmi.com/caselaws?id=237388 The Tribunal directed the applicant, a composite mill, to deposit Rs.1.00 lakh within eight weeks to waive the remaining duty and penalty amounts totaling around Rs.11.30 lakhs under the Central Excise Act, 1944. Failure to comply would result in appeal dismissal. The decision underscored the significance of accurate duty payments and the repercussions of erroneous beliefs causing underpayments, aiming to uphold legal obligations and procedural fairness for both the applicant and revenue authorities. en-us Thu, 13 Jun 2013 00:00:00 +0530 Sat, 21 Sep 2013 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237388 The Tribunal directed the applicant, a composite mill, to deposit Rs.1.00 lakh within eight weeks to waive the remaining duty and penalty amounts totaling around Rs.11.30 lakhs under the Central Excise Act, 1944. Failure to comply would result in appeal dismissal. The decision underscored the significance of accurate duty payments and the repercussions of erroneous beliefs causing underpayments, aiming to uphold legal obligations and procedural fairness for both the applicant and revenue authorities. Case-Laws Central Excise Thu, 13 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237388