https://www.taxtmi.com/caselaws?id=265383 Rule 96ZQ(5)(ii) of the Central Excise Rules, 1944, having been declared invalid, cannot support imposition of penalty. The invalidity of the provision is determinative irrespective of whether the assessee deposited the entire compounded levy by the end of the relevant month. Accordingly, penalty proceedings founded solely on Rule 96ZQ(5)(ii) cannot be sustained. en-us Mon, 02 Mar 2015 00:00:00 +0530 Sun, 11 Oct 2015 18:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265383 Rule 96ZQ(5)(ii) of the Central Excise Rules, 1944, having been declared invalid, cannot support imposition of penalty. The invalidity of the provision is determinative irrespective of whether the assessee deposited the entire compounded levy by the end of the relevant month. Accordingly, penalty proceedings founded solely on Rule 96ZQ(5)(ii) cannot be sustained. Case-Laws Central Excise Mon, 02 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265383