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2013 (8) TMI 208 - AT - Central ExciseInterest on defaulted payment - Held that:- discharge of duty liability by the appellant through the cenvat account which had balance. Despite the fact that the said duty liability on the finished goods cleared by the appellant has been discharged by them by utilising the cenvat credit and hence government was for all practical purposes was not deprived of the duty - Following decision of SOLAR CHEMFERTS PVT. LTD. Versus COMMISSIONER OF CENTRAL EXCISE, THANE-I [2011 (6) TMI 640 - CESTAT, MUMBAI] - Decided in favour of assessee. Quantum of penalty - Held that:- appellant has violated the provisions of Central Excise Rules, 2002 by utilising the cenvat credit for discharge of duty liability when he was debarred to do so, having defaulted in making payments as per the Central Excise Rules, 2002 - Decided against assessee.
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