https://www.taxtmi.com/caselaws?id=121240 The appeal was dismissed as the penalty imposed under Rule 25 of the Central Excise Rules, 2002 for non-filing of the Annual Financial Information Statement was found to be inappropriate. The Commissioner's decision to set aside the penalty was upheld, emphasizing that Rule 25 pertains to specific contraventions not related to non-filing of financial statements. The judgment highlighted the necessity of aligning penalties with the violations specified in the rules, leading to the rejection of the Revenue's appeal. en-us Tue, 13 Mar 2007 00:00:00 +0530 Fri, 27 Jul 2012 16:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121240 The appeal was dismissed as the penalty imposed under Rule 25 of the Central Excise Rules, 2002 for non-filing of the Annual Financial Information Statement was found to be inappropriate. The Commissioner's decision to set aside the penalty was upheld, emphasizing that Rule 25 pertains to specific contraventions not related to non-filing of financial statements. The judgment highlighted the necessity of aligning penalties with the violations specified in the rules, leading to the rejection of the Revenue's appeal. Case-Laws Central Excise Tue, 13 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121240