https://www.taxtmi.com/caselaws?id=1517 Where duty payment fell due on a day when the bank was closed and the following days were holidays, payment on the next working day was treated as timely under Section 10 of the General Clauses Act, 1897, because no alternate receiving mode was available on the due date. In marginal delay cases under the compounded levy scheme, where duty was paid promptly, interest was discharged where applicable, and there was no intent to evade, penalty was held to be proportionate rather than equal to the outstanding duty; nominal penalties of Rs. 5,000 were applied in the relevant cases. en-us Mon, 19 Mar 2007 00:00:00 +0530 Mon, 14 Apr 2008 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1517 Where duty payment fell due on a day when the bank was closed and the following days were holidays, payment on the next working day was treated as timely under Section 10 of the General Clauses Act, 1897, because no alternate receiving mode was available on the due date. In marginal delay cases under the compounded levy scheme, where duty was paid promptly, interest was discharged where applicable, and there was no intent to evade, penalty was held to be proportionate rather than equal to the outstanding duty; nominal penalties of Rs. 5,000 were applied in the relevant cases. Case-Laws Central Excise Mon, 19 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1517