https://www.taxtmi.com/caselaws?id=349123 Penalty under Section 11AC of the Central Excise Act was upheld where duty became payable after cancellation of the export order, but the assessee did not pay promptly and the default was detected in audit rather than through voluntary compliance. Payment of duty and part interest before notice did not cure the earlier lapse, and the conduct was treated as supporting penal consequences. Interest was also held recoverable under Rule 7 of the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules on differential duty for chassis cleared at concessional rate, because the goods were not used for the intended purpose and the rule expressly permits recovery of interest. en-us Wed, 27 Sep 2017 00:00:00 +0530 Tue, 07 Nov 2017 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349123 Penalty under Section 11AC of the Central Excise Act was upheld where duty became payable after cancellation of the export order, but the assessee did not pay promptly and the default was detected in audit rather than through voluntary compliance. Payment of duty and part interest before notice did not cure the earlier lapse, and the conduct was treated as supporting penal consequences. Interest was also held recoverable under Rule 7 of the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules on differential duty for chassis cleared at concessional rate, because the goods were not used for the intended purpose and the rule expressly permits recovery of interest. Case-Laws Central Excise Wed, 27 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349123