Difference b/w - penalty under rule 25 and Section 11AC

[YP SOOD]

differnce between penalty under rule 25 of Central Excise Rule and Section 11AC of central Excise Act,1944

[Guest]

Dear Sir, Please provide your e-mail id, I would provide you the difference between the Rule 25 and Section 11AC. Due to space constraint I can't discuss it on the discussion forum. Regards, Pradeep Khatri, Consultant - Indirect Taxation, [email protected]

[Prabhakar Vennalaganti]

SECTION 11AC. Penalty for short-levy or non-levy of duty in certain cases. — RULE 25.Confiscation and penalty SEC11AC and Rule 25 are interlinked, which are self explantory under what circumstances penalty is impossable and how it is determined. Keeping these provisons in view, applicability or not is to be debated on case to case basis.

AI Summary

Exploring Penalties: Rule 25 vs. Section 11AC in Central Excise-Understanding Confiscation, Short-Levy, and Non-Levy Differences A discussion on the differences between penalties under Rule 25 of the Central Excise Rules and Section 11AC of the Central Excise Act, 1944, was initiated. One participant requested an email to provide detailed differences due to space constraints. Another participant explained that Section 11AC deals with penalties for short-levy or non-levy of duty, while Rule 25 involves confiscation and penalty. Both are interlinked and their applicability depends on specific circumstances, suggesting that each case should be evaluated individually.