https://www.taxtmi.com/caselaws?id=711 Failure to pay central excise duty at the time of clearance after crossing the SSI exemption limit attracted penalty under Section 11AC and interest under Section 11AB. Payment of duty only after clearance and before the show-cause notice did not erase the default, although it could justify a reduced penalty in view of the mitigating circumstance of later payment. The statutory scheme treated non-payment or short-payment when due as sufficient for levy of penalty and interest, and the reduced penalty was upheld on that basis. en-us Thu, 06 Jul 2006 00:00:00 +0530 Sun, 13 Apr 2008 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=711 Failure to pay central excise duty at the time of clearance after crossing the SSI exemption limit attracted penalty under Section 11AC and interest under Section 11AB. Payment of duty only after clearance and before the show-cause notice did not erase the default, although it could justify a reduced penalty in view of the mitigating circumstance of later payment. The statutory scheme treated non-payment or short-payment when due as sufficient for levy of penalty and interest, and the reduced penalty was upheld on that basis. Case-Laws Central Excise Thu, 06 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=711