23 July 2012
Assesses is a manufacturing Unit and paid duty exceeding Rs.10 lakhs by utilization of CENVAT credit and by Current account during preceding year, accordingly it is mandatory to pay the duty electronically through e-banking. However the assessee has failed to fulfill his duty liability to pay through current account by internet banking. Party has paid total duty by manual challan during prescribed time limit.
in this case how much penalty is applicable under central excise rules ?
If any judgement or order passed in this matter please provide the details
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