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What are the general disciplines to be followed while imposing penalties?

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..... natural justice and principles governing international trade and agreements. Such general discipline is enshrined in section 126 of the Act. Accordingly- no penalty is to be imposed without issuance of a show cause notice and proper hearing in the matter, affording an opportunity to the person proceeded against to rebut the allegations levelled against him, the penalty is to depend on the totality .....

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