https://www.taxtmi.com/caselaws?id=246643 Penalty for default in payment of duty could not be sustained because Rule 96ZQ(5)(ii) had already been held ultra vires, so the levy imposed for the relevant period was set aside. Refund sanctioned to the assessee could not be appropriated towards that penalty because the underlying demand had no legal basis, and the adjustment was also quashed. en-us Fri, 26 Oct 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246643 Penalty for default in payment of duty could not be sustained because Rule 96ZQ(5)(ii) had already been held ultra vires, so the levy imposed for the relevant period was set aside. Refund sanctioned to the assessee could not be appropriated towards that penalty because the underlying demand had no legal basis, and the adjustment was also quashed. Case-Laws Central Excise Fri, 26 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246643