https://www.taxtmi.com/caselaws?id=51887 Where the fortnightly payment facility had been withdrawn, excise duty had to be paid on each consignment by debit to the prescribed account current; payment through the Cenvat account did not cure non-compliance with that mandatory mode of payment. The clearances were therefore treated as made without payment of duty for that period, and interest was recoverable on the outstanding amount. On penalty, the tribunal considered the duty had been paid and no unjust enrichment or undue benefit was shown, so the full penalty was excessive and was reduced to Rs. 50,000. en-us Fri, 25 Apr 2003 00:00:00 +0530 Wed, 29 Sep 2010 10:42:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51887 Where the fortnightly payment facility had been withdrawn, excise duty had to be paid on each consignment by debit to the prescribed account current; payment through the Cenvat account did not cure non-compliance with that mandatory mode of payment. The clearances were therefore treated as made without payment of duty for that period, and interest was recoverable on the outstanding amount. On penalty, the tribunal considered the duty had been paid and no unjust enrichment or undue benefit was shown, so the full penalty was excessive and was reduced to Rs. 50,000. Case-Laws Central Excise Fri, 25 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51887