https://www.taxtmi.com/caselaws?id=123357 The Appellate Tribunal CESTAT, Mumbai set aside the penalty imposed on a corporate entity for aiding in clandestine removal of goods under Rule 26 of the Central Excise Rules, 2002. The Tribunal held that Rule 26 penalties could be imposed on individuals, not corporate entities, as per precedent. The penalty imposition on the corporate entity was deemed unsustainable due to the settlement of a separate show cause notice, leading to the appeal being allowed with any consequential relief. en-us Wed, 27 Feb 2008 00:00:00 +0530 Thu, 13 Sep 2012 12:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123357 The Appellate Tribunal CESTAT, Mumbai set aside the penalty imposed on a corporate entity for aiding in clandestine removal of goods under Rule 26 of the Central Excise Rules, 2002. The Tribunal held that Rule 26 penalties could be imposed on individuals, not corporate entities, as per precedent. The penalty imposition on the corporate entity was deemed unsustainable due to the settlement of a separate show cause notice, leading to the appeal being allowed with any consequential relief. Case-Laws Central Excise Wed, 27 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123357