TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Rule 26: Penalties for Handling Confiscable Excisable Goods; False Invoices Lead to Heavy Fines.</h1> Rule 26 of the Central Excise Rules, 2002, imposes penalties on individuals involved with excisable goods liable to confiscation. A person dealing with such goods may face a penalty up to the duty on the goods or two thousand rupees, whichever is greater. If proceedings under section 11AC are concluded, penalties against others in the same case are deemed concluded. Additionally, issuing false excise duty invoices or documents, leading to ineligible benefits like CENVAT credit, incurs a penalty up to the benefit amount or five thousand rupees, whichever is greater.
TaxTMI 
TaxTMI 
