https://www.taxtmi.com/caselaws?id=32410 Where duty is deposited before issuance of the show cause notice, no short levy subsists on that date and proceedings for penalty under Section 11AC of the Central Excise Act cannot be initiated or sustained. The Rajasthan HC followed its earlier ruling on this point and held that the penalty was not sustainable on the facts. In view of that finding, the question whether any otherwise imposable penalty could be reduced below the duty amount did not survive as a substantial question of law. en-us Fri, 10 Aug 2007 00:00:00 +0530 Fri, 13 Feb 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32410 Where duty is deposited before issuance of the show cause notice, no short levy subsists on that date and proceedings for penalty under Section 11AC of the Central Excise Act cannot be initiated or sustained. The Rajasthan HC followed its earlier ruling on this point and held that the penalty was not sustainable on the facts. In view of that finding, the question whether any otherwise imposable penalty could be reduced below the duty amount did not survive as a substantial question of law. Case-Laws Central Excise Fri, 10 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32410