TMI BlogINTEREST AND PENAL PROVISIONS - Under the Central Excise Act, 1944:X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of Sec. 8 - Restriction on possession of excisable goods or variety of such goods as notified; (ii) transport of prohibited excisable goods; iii) Failure to obtain registration by specified persons; (iv) Evasion of duty payment; (v) Removal of excisable goods in violation of Central Excise Act or Rules made thereunder; (vi) Possession, transport, deposit, keeping, c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... esser period is permissible, if Court records special and adequate reasons. Sec. 9AA Offences by Companies The person in charge and responsible for the conduct of the business of the company shall also be liable for the offence. Applicable provisions as in the case of individuals Sec. 11 A Non-payment/Short payment/ Non-levy/ Short ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Non-payment of duty or erroneously refund due to fraud, collusion, wilful misstatement or suppression of facts with intent to evade duty payment. Penalty equal to duty. Penalty may be reduced to 25%, if duty, interest and reduced penalty are paid within 30 days from communication of adjudication order. Section11BB Delay in sanction of refund beyond 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orm duties of his office by any Central Excise officer Imprisonment upto 3 months or fine upto 3 months pay or both. Section 37E Proceedings or prosecutions under Central Excise Act in public interest. Publication of names and particulars of persons. No publication relating to penalty till appeal is filed/ disposed. - Manuals - Re ..... X X X X Extracts X X X X X X X X Extracts X X X X
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