https://www.taxtmi.com/caselaws?id=51019 In self-removal excise procedure, an assessee must have an actually available account-current balance before clearing goods; debit against cheque deposits not yet cleared by the bank is insufficient. Clearance made during that intervening period is treated as unauthorised and without payment of duty, attracting penalty under Rule 173Q. The penalty was therefore upheld, but the Tribunal found the amount excessive when compared with a similar later offence and reduced the quantum on the facts. en-us Tue, 13 Nov 2001 00:00:00 +0530 Tue, 21 Sep 2010 14:09:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51019 In self-removal excise procedure, an assessee must have an actually available account-current balance before clearing goods; debit against cheque deposits not yet cleared by the bank is insufficient. Clearance made during that intervening period is treated as unauthorised and without payment of duty, attracting penalty under Rule 173Q. The penalty was therefore upheld, but the Tribunal found the amount excessive when compared with a similar later offence and reduced the quantum on the facts. Case-Laws Central Excise Tue, 13 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51019