https://www.taxtmi.com/caselaws?id=344980 Rule 96-ZO of the Central Excise Rules, 1944 was treated as ultra vires to the extent it authorised a penalty equal to the outstanding duty. In that setting, only the minimum penalty of Rs. 5,000, or a higher penalty supported by material justification, could be sustained. Because no basis existed for a penalty of Rs. 1,00,000, the enhanced penalty was found unsustainable and was reduced to the minimum amount. en-us Mon, 15 May 2017 00:00:00 +0530 Sat, 30 Dec 2017 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344980 Rule 96-ZO of the Central Excise Rules, 1944 was treated as ultra vires to the extent it authorised a penalty equal to the outstanding duty. In that setting, only the minimum penalty of Rs. 5,000, or a higher penalty supported by material justification, could be sustained. Because no basis existed for a penalty of Rs. 1,00,000, the enhanced penalty was found unsustainable and was reduced to the minimum amount. Case-Laws Central Excise Mon, 15 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344980