https://www.taxtmi.com/caselaws?id=51545 Penalty for delayed central excise duty payment was not justified where cheques issued towards duty were later realised and were not dishonoured. The relevant date for payment was treated as the date of presentation of the cheques, as duty had been reflected through the personal ledger account on that basis. The Commissioner also found that the lapse amounted only to delayed payment, with no evasion or intention to evade duty. On that footing, the penal consequences under Rule 173Q of the Central Excise Rules, 1944 and Section 11AC of the Central Excise Act, 1944 were not attracted. en-us Tue, 29 Jan 2002 00:00:00 +0530 Sat, 25 Sep 2010 13:15:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51545 Penalty for delayed central excise duty payment was not justified where cheques issued towards duty were later realised and were not dishonoured. The relevant date for payment was treated as the date of presentation of the cheques, as duty had been reflected through the personal ledger account on that basis. The Commissioner also found that the lapse amounted only to delayed payment, with no evasion or intention to evade duty. On that footing, the penal consequences under Rule 173Q of the Central Excise Rules, 1944 and Section 11AC of the Central Excise Act, 1944 were not attracted. Case-Laws Central Excise Tue, 29 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51545