https://www.taxtmi.com/caselaws?id=243615 Interest on duty under the compound levy regime was recoverable from the date the amount became due until actual payment, because the Supreme Court's earlier order did not defer accrual of interest; the Revenue succeeded on this issue. Penalty under Section 11AC was not mandatory in every case of delayed payment, and in the absence of findings on the statutory conditions or mens rea, reduction of penalty on proportionality grounds was justified; the assessee succeeded on this issue. en-us Tue, 21 Jan 2014 00:00:00 +0530 Fri, 05 Jun 2015 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243615 Interest on duty under the compound levy regime was recoverable from the date the amount became due until actual payment, because the Supreme Court's earlier order did not defer accrual of interest; the Revenue succeeded on this issue. Penalty under Section 11AC was not mandatory in every case of delayed payment, and in the absence of findings on the statutory conditions or mens rea, reduction of penalty on proportionality grounds was justified; the assessee succeeded on this issue. Case-Laws Central Excise Tue, 21 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243615