https://www.taxtmi.com/caselaws?id=280517 Rule 96ZQ(5)(ii) was treated as imposing only a maximum penalty, leaving the authority discretion to impose a lesser penalty on the facts and circumstances. The governing principle applied was that penalty should not follow a procedural default automatically, without consideration of relevant circumstances. Because the penalty order did not show such consideration, the penalty component could not be sustained and was set aside, with the matter remanded for a fresh penalty determination in accordance with law and the earlier judgment. en-us Mon, 24 Jun 2002 00:00:00 +0530 Wed, 08 May 2019 15:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280517 Rule 96ZQ(5)(ii) was treated as imposing only a maximum penalty, leaving the authority discretion to impose a lesser penalty on the facts and circumstances. The governing principle applied was that penalty should not follow a procedural default automatically, without consideration of relevant circumstances. Because the penalty order did not show such consideration, the penalty component could not be sustained and was set aside, with the matter remanded for a fresh penalty determination in accordance with law and the earlier judgment. Case-Laws Central Excise Mon, 24 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280517