Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2011 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (2) TMI 995 - AT - Central ExciseQuantum of Penalty under Rule 26 of Central Excise Rules, 1944 - contention against penalty equal to 100% of duty stand imposed on the manufacturing unit without any option to pay 25% - Held that:- As no option to pay 25% of duty within 30 days from the date of passing of the impugned order stand extended by the lower authority, we extend such option. If the appellants pay all the dues within a period of 30 days from today, the penalty shall stand reduced to 25%. As regards penalty of Rs.2 lakhs imposed upon Shri Haritpal Singh Hora, Director the lower authorities have discussed his role in detail and have attributed willful suppression of information with intent to hide clandestine removal of excisable goods with an intention to evade payment of duty. As such he is liable to penalty under Rule 26 of Central Excise Rules, 1944 - penalty reduced to Rs.1 lakh.
|