https://www.taxtmi.com/caselaws?id=92510 Clearing goods against a debit balance in PLA was treated as a contravention attracting penalty, but the absence of any finding of mala fide intention justified mitigation of the quantum. The appellate authority had already reduced the penalty from Rs. 20 lakhs to Rs. 10 lakhs, and the Tribunal found that the amount was still excessive in light of the non-deliberate nature of the breach. The penalty was therefore further reduced to Rs. 2.5 lakhs, while the remainder of the order was upheld. en-us Thu, 30 Sep 1999 00:00:00 +0530 Wed, 02 Nov 2011 11:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92510 Clearing goods against a debit balance in PLA was treated as a contravention attracting penalty, but the absence of any finding of mala fide intention justified mitigation of the quantum. The appellate authority had already reduced the penalty from Rs. 20 lakhs to Rs. 10 lakhs, and the Tribunal found that the amount was still excessive in light of the non-deliberate nature of the breach. The penalty was therefore further reduced to Rs. 2.5 lakhs, while the remainder of the order was upheld. Case-Laws Central Excise Thu, 30 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92510