https://www.taxtmi.com/caselaws?id=99526 Non-entry of manufactured goods in the RG1 register, by itself, did not justify penalty under Rule 173Q where there was no clearance with intent to evade duty. The Tribunal accepted the assessee's bona fide belief that RG1 entry was not required and treated the lapse as falling, at the highest, under Rule 226. On that basis, confiscation-related consequences were moderated, the redemption fine was reduced from Rs. 5 lakhs to Rs. 1 lakh, and the penalty was reduced to Rs. 2,000. en-us Mon, 30 Apr 2001 00:00:00 +0530 Fri, 27 Jan 2012 16:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99526 Non-entry of manufactured goods in the RG1 register, by itself, did not justify penalty under Rule 173Q where there was no clearance with intent to evade duty. The Tribunal accepted the assessee's bona fide belief that RG1 entry was not required and treated the lapse as falling, at the highest, under Rule 226. On that basis, confiscation-related consequences were moderated, the redemption fine was reduced from Rs. 5 lakhs to Rs. 1 lakh, and the penalty was reduced to Rs. 2,000. Case-Laws Customs Mon, 30 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99526