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Penalty under rules 25 and 27 of CE Rules 2002

Central Excise - Started By: - IMMANUEL NEIHSIAL - Dated:- 2-12-2018 Last Replied Date:- 9-12-2018 - Penalty under rule 25 of central excise rules 2002 has been imposed @15% of the Demand. Now i refrain from imposing penalty under rule 27 of the CE r .....

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Reply to second query is 'NO'. - Reply By KASTURI SETHI - The Reply = Dear Sir, Rule 25 is subject Section 11 AC . Penalty should not exceed the amount of duty evaded. What is the basis of imposition of penalty of 15% of duty demanded ? Will .....

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