https://www.taxtmi.com/caselaws?id=243564 The tribunal ruled in a split decision regarding the duty payment during the default period, with one member accepting the payment through Cenvat credit and the other requiring cash payment due to the appellant's fraudulent actions. The appellant was directed to pay interest on the late duty deposit, a penalty for violating Central Excise Rules, and a pre-deposit amount of Rs. 25 lakh for the appeal hearing. The tribunal emphasized the mandatory compliance with Rule 8 for duty payments and the consequences of fraudulent conduct, ultimately leaving the resolution to be determined based on legal precedents and case specifics. en-us Tue, 03 Dec 2013 00:00:00 +0530 Wed, 05 Feb 2014 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243564 The tribunal ruled in a split decision regarding the duty payment during the default period, with one member accepting the payment through Cenvat credit and the other requiring cash payment due to the appellant's fraudulent actions. The appellant was directed to pay interest on the late duty deposit, a penalty for violating Central Excise Rules, and a pre-deposit amount of Rs. 25 lakh for the appeal hearing. The tribunal emphasized the mandatory compliance with Rule 8 for duty payments and the consequences of fraudulent conduct, ultimately leaving the resolution to be determined based on legal precedents and case specifics. Case-Laws Central Excise Tue, 03 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243564