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of <h1>New Rule 209A Imposes Penalties for Dealing in Confiscable Excisable Goods Under Central Excise Rules, 1944</h1> The Central Government issued the Central Excise (10th Amendment) Rules, 1986, under the Central Excises and Salt Act, 1944, effective upon publication in the Official Gazette. This amendment introduces Rule 209A to the Central Excise Rules, 1944, imposing penalties for certain offenses. It states that any individual involved in activities such as acquiring, transporting, or selling excisable goods, knowing they are subject to confiscation, will face a penalty. The penalty is set at either three times the value of the goods or five thousand rupees, whichever amount is greater.
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