Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2021 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (12) TMI 733 - AT - Central ExciseLevy of penalty u/r 26 of the Central Excise Rules, 2002 - clandestine clearance of M.S. ingots - HELD THAT:- The penalty of ₹ 4,00,000/- has been imposed on the company in which the appellant was Director and ₹ 3,00,000/- has been imposed on the appellant - the ends of justice will be met if the penalty imposed on the appellant is reduced from ₹ 3,00,000/- to ₹ 1,00,000/-. The appeal is partially allowed reducing the penalty imposed on the appellant under Rule 26 of the Central Excise Rules, 2002 from ₹ 3,00,000/- to ₹ 1,00,000/-.
|