https://www.taxtmi.com/caselaws?id=2226 Redemption fine on excess goods and goods found in a truck was held excessive on the facts and reduced from Rs. 5 lakhs to Rs. 3,50,000. The penalty under Rule 173Q was not treated as void merely because the precise sub-clause was not specified, since the show cause notice clearly alleged contravention of enumerated excise rules and the assessee knew the penal basis. However, the penalty was also considered excessive and was reduced from Rs. 3 lakhs to Rs. 1,50,000. The operative principle is that clear notice of the alleged contravention can sustain penalty in principle, while quantum may still be moderated on the circumstances. en-us Tue, 06 Feb 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2226 Redemption fine on excess goods and goods found in a truck was held excessive on the facts and reduced from Rs. 5 lakhs to Rs. 3,50,000. The penalty under Rule 173Q was not treated as void merely because the precise sub-clause was not specified, since the show cause notice clearly alleged contravention of enumerated excise rules and the assessee knew the penal basis. However, the penalty was also considered excessive and was reduced from Rs. 3 lakhs to Rs. 1,50,000. The operative principle is that clear notice of the alleged contravention can sustain penalty in principle, while quantum may still be moderated on the circumstances. Case-Laws Central Excise Tue, 06 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2226