https://www.taxtmi.com/caselaws?id=47772 Penalty under the Central Excise Act was not treated as automatic in these facts because the underlying duty liability was still pending before the Supreme Court, so the ingredients for penal consequences were not established. The Court held that mens rea could not be presumed for levy of penalty and found no basis to interfere with the Tribunal's reduction of penalty to Rs. 20,000. No substantial question of law arose. en-us Thu, 13 Jul 2006 00:00:00 +0530 Fri, 30 Jul 2010 17:27:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47772 Penalty under the Central Excise Act was not treated as automatic in these facts because the underlying duty liability was still pending before the Supreme Court, so the ingredients for penal consequences were not established. The Court held that mens rea could not be presumed for levy of penalty and found no basis to interfere with the Tribunal's reduction of penalty to Rs. 20,000. No substantial question of law arose. Case-Laws Central Excise Thu, 13 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47772