Offences relating to manufacture, sale, import, etc

Whoever manufactures, imports, exports, transports or removes any liquor, in contravention of any of the provisions of this Regulation or of any rule made, or notification or order issued, thereunder, or of any condition of licence or permit granted or issued thereunder, shall be punishable,

1. (a) where the liquor involved in the offence is less than such value, as may be prescribed, with imprisonment for a term which shall not be less than one year, but which may extend to five years, and with fine which shall not be less than fifty thousand rupees or five times of the value of liquor, whichever is higher;
2. (b) where the liquor involved in the offence exceeds such value, as may be prescribed, with imprisonment for a term which may extend to seven years, and with fine, which may extend to one lakh rupees or five times of the value of liquor, whichever is higher.