https://www.taxtmi.com/caselaws?id=336146 The tribunal upheld the requirement of depositing 10% of duty/penalty for appeals falling under Section 35F(iii) of the Central Excise Act, 1944. It rejected the appellant's argument that only the balance of 2.5% needed to be paid after an initial deposit of 7.5%. Emphasizing a literal interpretation of the provision, the tribunal cited precedent and highlighted the strict construction of taxing statutes, concluding that amounts paid under different clauses of Section 35F could not be adjusted. Consequently, the appeal was dismissed based on the clear language and intent of the statutory provision. en-us Mon, 28 Nov 2016 00:00:00 +0530 Fri, 16 Dec 2016 12:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336146 The tribunal upheld the requirement of depositing 10% of duty/penalty for appeals falling under Section 35F(iii) of the Central Excise Act, 1944. It rejected the appellant's argument that only the balance of 2.5% needed to be paid after an initial deposit of 7.5%. Emphasizing a literal interpretation of the provision, the tribunal cited precedent and highlighted the strict construction of taxing statutes, concluding that amounts paid under different clauses of Section 35F could not be adjusted. Consequently, the appeal was dismissed based on the clear language and intent of the statutory provision. Case-Laws Service Tax Mon, 28 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336146