https://www.taxtmi.com/caselaws?id=126492 Rule 173Q(1) of the Central Excise Rules, 1944 was interpreted as fixing only the maximum penalty, because it states that the penalty shall not exceed three times the value of the excisable goods involved or Rs. 5,000, whichever is greater. The provision was not read as creating a compulsory minimum penalty of Rs. 5,000, since the text does not impose a penalty equal to that amount. On that construction, a penalty of Rs. 1,000 was not shown to be illegal merely because it was below Rs. 5,000. en-us Tue, 23 Jun 2009 00:00:00 +0530 Wed, 21 Nov 2012 14:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126492 Rule 173Q(1) of the Central Excise Rules, 1944 was interpreted as fixing only the maximum penalty, because it states that the penalty shall not exceed three times the value of the excisable goods involved or Rs. 5,000, whichever is greater. The provision was not read as creating a compulsory minimum penalty of Rs. 5,000, since the text does not impose a penalty equal to that amount. On that construction, a penalty of Rs. 1,000 was not shown to be illegal merely because it was below Rs. 5,000. Case-Laws Central Excise Tue, 23 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126492