https://www.taxtmi.com/caselaws?id=330290 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in a case concerning penalty and interest for late payment of duty. The Tribunal found that duty payment was not delayed as per the relevant rules, leading to the reduction of penalty and demand of duty amount. The decision was based on established legal principles and interpretation of the rules, resulting in the favorable outcome for the assessee. en-us Mon, 25 Jan 2016 00:00:00 +0530 Fri, 22 Jul 2016 13:37:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330290 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal in a case concerning penalty and interest for late payment of duty. The Tribunal found that duty payment was not delayed as per the relevant rules, leading to the reduction of penalty and demand of duty amount. The decision was based on established legal principles and interpretation of the rules, resulting in the favorable outcome for the assessee. Case-Laws Central Excise Mon, 25 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330290