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 29 Penalties for Dealing with Confiscable Excisable Goods and False Invoicing in Excise Duty Cases</h1> Rule 29 of the Central Excise Rules, 2017, imposes penalties on individuals involved with excisable goods liable for confiscation. If a person knowingly deals with such goods, they face a penalty not exceeding the duty on the goods or two thousand rupees, whichever is higher. If proceedings for duty, interest, and penalty are concluded under specific sections of the Act, penalties against others in the same proceedings are deemed concluded. Additionally, issuing or abetting false excise duty invoices or documents for ineligible benefits incurs a penalty not exceeding the benefit amount or five thousand rupees, whichever is higher.
TaxTMI 
TaxTMI 
