https://www.taxtmi.com/caselaws?id=174462 The Tribunal allowed the appeals, setting aside the penalty imposed on the appellant for delayed duty payment under Rule 96ZQ. The decision was based on the binding effect of the Madras High Court judgment on the Mumbai Tribunal, which deemed the penalty unsustainable due to the High Court's ruling on the rules under Notification 42/98. The Tribunal emphasized adherence to High Court orders for consistency in legal interpretation, granting the department liberty to proceed in line with the High Court's decision. en-us Thu, 06 Nov 2003 00:00:00 +0530 Thu, 08 Oct 2015 16:31:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174462 The Tribunal allowed the appeals, setting aside the penalty imposed on the appellant for delayed duty payment under Rule 96ZQ. The decision was based on the binding effect of the Madras High Court judgment on the Mumbai Tribunal, which deemed the penalty unsustainable due to the High Court's ruling on the rules under Notification 42/98. The Tribunal emphasized adherence to High Court orders for consistency in legal interpretation, granting the department liberty to proceed in line with the High Court's decision. Case-Laws Central Excise Thu, 06 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174462