https://www.taxtmi.com/caselaws?id=266272 The tribunal upheld the rejection of the waiver of penalty and interest under the compounded levy scheme, citing the mandatory provisions of Rule 96ZP(3) of the Central Excise Act, 1944. The appellant's non-appearance during scheduled hearings and the statutory guidelines resulted in the dismissal of the appeal. The tribunal affirmed the imposition of penalty and interest as per the law, emphasizing the lack of discretion to reduce or waive them under the relevant statutory provisions. en-us Wed, 13 May 2015 00:00:00 +0530 Mon, 19 Oct 2015 08:26:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266272 The tribunal upheld the rejection of the waiver of penalty and interest under the compounded levy scheme, citing the mandatory provisions of Rule 96ZP(3) of the Central Excise Act, 1944. The appellant's non-appearance during scheduled hearings and the statutory guidelines resulted in the dismissal of the appeal. The tribunal affirmed the imposition of penalty and interest as per the law, emphasizing the lack of discretion to reduce or waive them under the relevant statutory provisions. Case-Laws Central Excise Wed, 13 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266272