https://www.taxtmi.com/caselaws?id=123897 The Appellate Tribunal CESTAT, New Delhi, set aside penalties imposed under Section 11AC of the Central Excise Act on the Appellant Company and its Director. However, the penalty under Rule 25 of the Central Excise Rules was upheld on the Appellant Company. The Tribunal found that the goods were properly recorded but shifted to another premises due to external pressure, leading to accounting discrepancies. The penalty under Rule 26 was deemed unnecessary for the Director. en-us Mon, 25 Feb 2008 00:00:00 +0530 Fri, 21 Sep 2012 16:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123897 The Appellate Tribunal CESTAT, New Delhi, set aside penalties imposed under Section 11AC of the Central Excise Act on the Appellant Company and its Director. However, the penalty under Rule 25 of the Central Excise Rules was upheld on the Appellant Company. The Tribunal found that the goods were properly recorded but shifted to another premises due to external pressure, leading to accounting discrepancies. The penalty under Rule 26 was deemed unnecessary for the Director. Case-Laws Central Excise Mon, 25 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123897