https://www.taxtmi.com/caselaws?id=46019 Where duty was paid by cheque presented on or before the due date, the date of receipt or presentation by the authorised bank was treated as the date of payment, not the later date of realisation. On that basis, three fortnights could not be counted as defaults under the Central Excise Rules, and only two defaults remained, which was insufficient to justify withdrawal of the fortnightly payment facility. The impugned withdrawal order was therefore quashed, while any alleged subsequent defaults were left open. en-us Tue, 24 Jul 2001 00:00:00 +0530 Thu, 15 Jul 2010 12:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46019 Where duty was paid by cheque presented on or before the due date, the date of receipt or presentation by the authorised bank was treated as the date of payment, not the later date of realisation. On that basis, three fortnights could not be counted as defaults under the Central Excise Rules, and only two defaults remained, which was insufficient to justify withdrawal of the fortnightly payment facility. The impugned withdrawal order was therefore quashed, while any alleged subsequent defaults were left open. Case-Laws Central Excise Tue, 24 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46019