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    <title>2014 (10) TMI 479 - MADRAS HIGH COURT</title>
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    <description>The Court upheld the respondent&#039;s recovery action against the petitioner for non-payment of duty and applicable cess within the stipulated due date, citing violation of Rule 8(3A) of the Central Excise Rules, 2002. Despite the petitioner&#039;s argument of having sufficient Cenvat credit balance, the Court emphasized the mandatory duty payment timelines and forfeiture of credit if duty remains unpaid for over 30 days. The petitioner was granted the opportunity to request payment in installments or seek additional time for settling the remaining amount from the respondent within 10 days, with no coercive measures to be taken during this period.</description>
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    <pubDate>Wed, 15 Oct 2014 00:00:00 +0530</pubDate>
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      <title>2014 (10) TMI 479 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=252345</link>
      <description>The Court upheld the respondent&#039;s recovery action against the petitioner for non-payment of duty and applicable cess within the stipulated due date, citing violation of Rule 8(3A) of the Central Excise Rules, 2002. Despite the petitioner&#039;s argument of having sufficient Cenvat credit balance, the Court emphasized the mandatory duty payment timelines and forfeiture of credit if duty remains unpaid for over 30 days. The petitioner was granted the opportunity to request payment in installments or seek additional time for settling the remaining amount from the respondent within 10 days, with no coercive measures to be taken during this period.</description>
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      <pubDate>Wed, 15 Oct 2014 00:00:00 +0530</pubDate>
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