https://www.taxtmi.com/caselaws?id=33637 Rule 26 of the Central Excise Rules was construed as prescribing only a maximum penalty, capped at the duty involved or Rs. 10,000, whichever was greater, rather than a mandatory minimum. The adjudicating authority therefore retained discretion to impose any penalty up to that ceiling. The construction urged by the Revenue was rejected because the rule did not require a penalty of at least Rs. 10,000, and the respondent's penalty of Rs. 2,500 was sustained. en-us Thu, 11 Dec 2008 00:00:00 +0530 Mon, 01 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33637 Rule 26 of the Central Excise Rules was construed as prescribing only a maximum penalty, capped at the duty involved or Rs. 10,000, whichever was greater, rather than a mandatory minimum. The adjudicating authority therefore retained discretion to impose any penalty up to that ceiling. The construction urged by the Revenue was rejected because the rule did not require a penalty of at least Rs. 10,000, and the respondent's penalty of Rs. 2,500 was sustained. Case-Laws Central Excise Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33637