https://www.taxtmi.com/caselaws?id=190338 Under Rule 96ZQ of the Central Excise Rules, failure to pay duty within the prescribed time exposed the assessee to penalty, but the penalty could be reduced where duty and interest were paid before the end of the month. The Tribunal relied on Rule 96ZQ(5) and treated the delayed payment within the monthly period, together with interest payment, as sufficient ground for relief. On the facts recorded, the penalty was reduced rather than upheld in full. en-us Wed, 16 Mar 2011 00:00:00 +0530 Mon, 13 Feb 2017 10:39:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190338 Under Rule 96ZQ of the Central Excise Rules, failure to pay duty within the prescribed time exposed the assessee to penalty, but the penalty could be reduced where duty and interest were paid before the end of the month. The Tribunal relied on Rule 96ZQ(5) and treated the delayed payment within the monthly period, together with interest payment, as sufficient ground for relief. On the facts recorded, the penalty was reduced rather than upheld in full. Case-Laws Central Excise Wed, 16 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190338