https://www.taxtmi.com/caselaws?id=340357 The Tribunal upheld the imposition of interest and penalty under Section 11AC on an appellant for delaying excise duty payment, despite claiming SSI unit status. The appellant's failure to avail the SSI exemption notification led to the obligation of paying duty by the 5th of the following month, as per Rule 8 of the Central Excise Rules. The Tribunal deemed the interest and penalty lawful, emphasizing compliance with exemption notifications and rules for duty payment timelines. The appeal was dismissed, reinforcing the consequences of non-compliance with excise duty regulations. en-us Fri, 27 Jan 2017 00:00:00 +0530 Mon, 20 Mar 2017 11:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340357 The Tribunal upheld the imposition of interest and penalty under Section 11AC on an appellant for delaying excise duty payment, despite claiming SSI unit status. The appellant's failure to avail the SSI exemption notification led to the obligation of paying duty by the 5th of the following month, as per Rule 8 of the Central Excise Rules. The Tribunal deemed the interest and penalty lawful, emphasizing compliance with exemption notifications and rules for duty payment timelines. The appeal was dismissed, reinforcing the consequences of non-compliance with excise duty regulations. Case-Laws Central Excise Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340357