https://www.taxtmi.com/caselaws?id=51317 Penalty for deferment of central excise duty in a composite mill was found unsustainable because the duty position at the yarn stage was uncertain and the same yarn could be used for home-consumption or export clearances. The contemporaneous trade notice recognised payment on yarn used in grey fabrics according to the existing procedure and internal records, showing practical difficulty and confusion about the correct stage of payment. Although the violation could attract penalty under the excise penalty provision, the reduced penalty was not maintained and was set aside. en-us Fri, 24 May 2002 00:00:00 +0530 Fri, 24 Sep 2010 10:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51317 Penalty for deferment of central excise duty in a composite mill was found unsustainable because the duty position at the yarn stage was uncertain and the same yarn could be used for home-consumption or export clearances. The contemporaneous trade notice recognised payment on yarn used in grey fabrics according to the existing procedure and internal records, showing practical difficulty and confusion about the correct stage of payment. Although the violation could attract penalty under the excise penalty provision, the reduced penalty was not maintained and was set aside. Case-Laws Central Excise Fri, 24 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51317