https://www.taxtmi.com/caselaws?id=193786 Interest and penalty imposed under Rule 96ZP(3)(i) and Rule 96ZP(3)(ii) of the Central Excise Rules, 1944 could not survive once the provisions authorising such levy had been declared ultra vires. The levy arose under the compounded levy scheme under Section 3A of the Central Excise Act, 1944, but the penal and interest machinery depended entirely on the invalid rules. As the statutory foundation for the demand had disappeared, the charges could not be sustained and the orders imposing interest and penalty were set aside in favour of the assessee. en-us Wed, 10 Aug 2016 00:00:00 +0530 Sat, 19 Aug 2017 08:10:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193786 Interest and penalty imposed under Rule 96ZP(3)(i) and Rule 96ZP(3)(ii) of the Central Excise Rules, 1944 could not survive once the provisions authorising such levy had been declared ultra vires. The levy arose under the compounded levy scheme under Section 3A of the Central Excise Act, 1944, but the penal and interest machinery depended entirely on the invalid rules. As the statutory foundation for the demand had disappeared, the charges could not be sustained and the orders imposing interest and penalty were set aside in favour of the assessee. Case-Laws Central Excise Wed, 10 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193786