https://www.taxtmi.com/caselaws?id=30230 The Tribunal set aside the penalties imposed on the appellants for defaulting in duty payment, considering their financial difficulties and complete duty payment. The appellants were directed to pay interest for the delayed payment, with the Original Authority tasked to calculate the correct interest amount. The Tribunal emphasized that duty payments made through the Cenvat Account should be considered valid, remanding the matter for the correct calculation and recovery of interest, highlighting the adjustment of duty payments through the Cenvat Account. en-us Wed, 12 Mar 2008 00:00:00 +0530 Mon, 18 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30230 The Tribunal set aside the penalties imposed on the appellants for defaulting in duty payment, considering their financial difficulties and complete duty payment. The appellants were directed to pay interest for the delayed payment, with the Original Authority tasked to calculate the correct interest amount. The Tribunal emphasized that duty payments made through the Cenvat Account should be considered valid, remanding the matter for the correct calculation and recovery of interest, highlighting the adjustment of duty payments through the Cenvat Account. Case-Laws Central Excise Wed, 12 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30230