https://www.taxtmi.com/caselaws?id=175600 Delayed payment of central excise duty, where goods were accounted for and cleared under invoices and records were lost in a flood, was treated as a procedural contravention absent deliberate evasion. Rule 27 of the Central Excise Rules, 2002 applies to such delay and permits only a token penalty, rather than the harsher penalty under Rule 25. The penalty imposed under Rule 25 was therefore unsustainable and was reduced to the penalty prescribed under Rule 27. en-us Thu, 26 Mar 2009 00:00:00 +0530 Sat, 28 Nov 2015 11:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175600 Delayed payment of central excise duty, where goods were accounted for and cleared under invoices and records were lost in a flood, was treated as a procedural contravention absent deliberate evasion. Rule 27 of the Central Excise Rules, 2002 applies to such delay and permits only a token penalty, rather than the harsher penalty under Rule 25. The penalty imposed under Rule 25 was therefore unsustainable and was reduced to the penalty prescribed under Rule 27. Case-Laws Central Excise Thu, 26 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175600