https://www.taxtmi.com/caselaws?id=85412 Penalty under Rule 173Q was found unsustainable where the total stock of molasses matched the RG 1 register and the discrepancy related only to tank-wise stock cards maintained under Rule 223. Because the overall quantity in the three tanks tallied with the recorded balance, the basis for confiscation and duty demand fell away. The lapse was treated as a record-keeping defect of a technical nature, and the existence of a specific provision for the relevant breach meant the larger penalty under Rule 173Q was not justified. en-us Thu, 29 Feb 1996 00:00:00 +0530 Thu, 04 Aug 2011 17:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85412 Penalty under Rule 173Q was found unsustainable where the total stock of molasses matched the RG 1 register and the discrepancy related only to tank-wise stock cards maintained under Rule 223. Because the overall quantity in the three tanks tallied with the recorded balance, the basis for confiscation and duty demand fell away. The lapse was treated as a record-keeping defect of a technical nature, and the existence of a specific provision for the relevant breach meant the larger penalty under Rule 173Q was not justified. Case-Laws Central Excise Thu, 29 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85412