https://www.taxtmi.com/caselaws?id=51148 Penalty under Section 11AC and Rules 173Q and 210, and interest under Section 11AB, were held inapplicable where there was no short levy or short payment of excise duty. The assessee had collected excess amounts from buyers and was required to deposit them under Section 11D, but that liability alone did not trigger the penal or interest provisions tied to duty non-levy, non-payment, short levy, or short payment. The penalty and interest demands were set aside, while the duty demand was upheld. en-us Fri, 08 Feb 2002 00:00:00 +0530 Thu, 23 Sep 2010 10:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51148 Penalty under Section 11AC and Rules 173Q and 210, and interest under Section 11AB, were held inapplicable where there was no short levy or short payment of excise duty. The assessee had collected excess amounts from buyers and was required to deposit them under Section 11D, but that liability alone did not trigger the penal or interest provisions tied to duty non-levy, non-payment, short levy, or short payment. The penalty and interest demands were set aside, while the duty demand was upheld. Case-Laws Central Excise Fri, 08 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51148