https://www.taxtmi.com/caselaws?id=201758 Penalty under Rule 173Q was held unsustainable where the show cause notice did not plead the essential ingredients of fraud, wilful mis-statement, collusion or suppression of facts with intent to evade duty. The Revenue could not rely on a bare or isolated allegation to invoke Rule 57-I, and the Tribunal's finding that the declared obsolete goods were not removed without payment of duty, and that duty had in fact been paid on removal, was treated as a reasonable factual view. On that basis, the penalty deletion was maintained and the Revenue's challenge failed. en-us Tue, 27 Jul 2010 00:00:00 +0530 Tue, 11 Jan 2011 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201758 Penalty under Rule 173Q was held unsustainable where the show cause notice did not plead the essential ingredients of fraud, wilful mis-statement, collusion or suppression of facts with intent to evade duty. The Revenue could not rely on a bare or isolated allegation to invoke Rule 57-I, and the Tribunal's finding that the declared obsolete goods were not removed without payment of duty, and that duty had in fact been paid on removal, was treated as a reasonable factual view. On that basis, the penalty deletion was maintained and the Revenue's challenge failed. Case-Laws Central Excise Tue, 27 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201758