https://www.taxtmi.com/caselaws?id=237892 The Tribunal, following the precedent set by the Gujarat High Court, held that penalties under Rule 25 of the Central Excise Rules could not be imposed in cases of delay in payment due to financial constraints without intent to evade duty. Instead, penalties were restricted to a nominal amount of Rs. 5,000 under Rule 27. Consequently, the Tribunal granted a stay on penalty recovery, recognizing the appellant's prima facie case for a complete waiver of the penalty amount. en-us Wed, 04 Sep 2013 00:00:00 +0530 Fri, 11 Oct 2013 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237892 The Tribunal, following the precedent set by the Gujarat High Court, held that penalties under Rule 25 of the Central Excise Rules could not be imposed in cases of delay in payment due to financial constraints without intent to evade duty. Instead, penalties were restricted to a nominal amount of Rs. 5,000 under Rule 27. Consequently, the Tribunal granted a stay on penalty recovery, recognizing the appellant's prima facie case for a complete waiver of the penalty amount. Case-Laws Central Excise Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237892