https://www.taxtmi.com/caselaws?id=50555 Rule 96ZQ requires compounded levy duty to be determined and paid on a monthly basis, with instalments linked to the month rather than to each day. Where the scheme commenced in the middle of December 1998, the remaining period could not be split into a separate daily pro rata computation unless the rule expressly permitted it. The short month was only the result of mid-month commencement, not a basis for fragmenting the levy. On that reasoning, the demand based on daily calculation was unsustainable, and the penalty founded on that demand could not stand. en-us Wed, 04 Apr 2001 00:00:00 +0530 Mon, 23 Aug 2010 13:44:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50555 Rule 96ZQ requires compounded levy duty to be determined and paid on a monthly basis, with instalments linked to the month rather than to each day. Where the scheme commenced in the middle of December 1998, the remaining period could not be split into a separate daily pro rata computation unless the rule expressly permitted it. The short month was only the result of mid-month commencement, not a basis for fragmenting the levy. On that reasoning, the demand based on daily calculation was unsustainable, and the penalty founded on that demand could not stand. Case-Laws Central Excise Wed, 04 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50555