https://www.taxtmi.com/caselaws?id=54410 Payment of central excise duty through Cenvat credit was treated as valid compliance with Rule 173G(e) because clause (b) allowed duty to be discharged either by debit to the account current or by utilisation of Cenvat credit. Reading the provisions together, utilisation of credit was considered equivalent to debit to the account current, so the assessee had not breached the payment requirement. On that basis, penalty under Rule 173Q was held unsustainable. en-us Mon, 14 Feb 2005 00:00:00 +0530 Wed, 20 Oct 2010 09:45:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54410 Payment of central excise duty through Cenvat credit was treated as valid compliance with Rule 173G(e) because clause (b) allowed duty to be discharged either by debit to the account current or by utilisation of Cenvat credit. Reading the provisions together, utilisation of credit was considered equivalent to debit to the account current, so the assessee had not breached the payment requirement. On that basis, penalty under Rule 173Q was held unsustainable. Case-Laws Central Excise Mon, 14 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54410