https://www.taxtmi.com/caselaws?id=76745 Once the statutory conditions for penalty are satisfied, the penalty should not be reduced merely on discretionary grounds where the offence is fully established; the Court followed Supreme Court authority and rejected dilution of the penalty. Provisional release of seized goods and vehicle on bond and security under Rule 206(3) of the Central Excise Rules, 1944 does not change the confiscable character of the goods or extinguish the underlying liability to confiscation. The settled position applied by the Court thus distinguished interim release from final statutory consequences and granted relief on the questions referred. en-us Mon, 22 Mar 2010 00:00:00 +0530 Thu, 15 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76745 Once the statutory conditions for penalty are satisfied, the penalty should not be reduced merely on discretionary grounds where the offence is fully established; the Court followed Supreme Court authority and rejected dilution of the penalty. Provisional release of seized goods and vehicle on bond and security under Rule 206(3) of the Central Excise Rules, 1944 does not change the confiscable character of the goods or extinguish the underlying liability to confiscation. The settled position applied by the Court thus distinguished interim release from final statutory consequences and granted relief on the questions referred. Case-Laws Central Excise Mon, 22 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76745