TaxTMI 
TaxTMI 
differnce between penalty under rule 25 of Central Excise Rule and Section 11AC of central Excise Act,1944
Difference b/w - penalty under rule 25 and Section 11AC
16 Jun 2009 
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Penalty distinction between short levy offences and confiscation regimes, applicability determined on a case by case basis.
Section 11AC addresses penalty for short levy or non levy of duty, whereas Rule 25 provides for confiscation and penalty; the two provisions are interlinked and their applicability and computation depend on the provisos and factual analysis in each case. (AI Summary)
Section 11AC addresses penalty for short levy or non levy of duty, whereas Rule 25 provides for confiscation and penalty; the two provisions are interlinked and their applicability and computation depend on the provisos and factual analysis in each case. (AI Summary)