https://www.taxtmi.com/caselaws?id=248916 The Tribunal confirmed the duty payment default by the assessee for specific months, imposing a liability of Rs. 53,768 and a penalty of Rs. 30,000 under Rule 25 of the Central Excise Rules, 2002. The penalty was reduced from Rs. 1,00,000 due to mis-declaration in the ER-1 returns, invoking Section 11AC. The appellant was required to pay the liability in cash but could claim reversed Cenvat credit upon payment. The judgment highlighted the importance of accurate reporting and reduced the penalty considering the appellant's small-scale status. en-us Fri, 14 Jun 2013 00:00:00 +0530 Sat, 28 Jun 2014 14:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248916 The Tribunal confirmed the duty payment default by the assessee for specific months, imposing a liability of Rs. 53,768 and a penalty of Rs. 30,000 under Rule 25 of the Central Excise Rules, 2002. The penalty was reduced from Rs. 1,00,000 due to mis-declaration in the ER-1 returns, invoking Section 11AC. The appellant was required to pay the liability in cash but could claim reversed Cenvat credit upon payment. The judgment highlighted the importance of accurate reporting and reduced the penalty considering the appellant's small-scale status. Case-Laws Central Excise Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248916