https://www.taxtmi.com/caselaws?id=245294 The appeal by M/s. J.K. Paper Limited regarding short payment of duty on cash discounts not availed by buyers at the depot resulted in the Commissioner (Appeals) disallowing the appeal on duty and interest but partially allowing the appeal on penalties. A reduced penalty of 25% was granted if the duty, interest, and reduced penalty were paid within 30 days. Citing relevant judgments, the Tribunal held that cash discounts should be considered as abatement, leading to a stay of pre-deposit of duty, interest, and penalty until the case's finalization. en-us Tue, 14 Jun 2011 00:00:00 +0530 Wed, 26 Mar 2014 08:03:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245294 The appeal by M/s. J.K. Paper Limited regarding short payment of duty on cash discounts not availed by buyers at the depot resulted in the Commissioner (Appeals) disallowing the appeal on duty and interest but partially allowing the appeal on penalties. A reduced penalty of 25% was granted if the duty, interest, and reduced penalty were paid within 30 days. Citing relevant judgments, the Tribunal held that cash discounts should be considered as abatement, leading to a stay of pre-deposit of duty, interest, and penalty until the case's finalization. Case-Laws Central Excise Tue, 14 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245294