https://www.taxtmi.com/caselaws?id=126211 The appeals of the two former directors of M/s. Shree Saibaba Copper Pvt. Ltd. against penalties imposed under Rule 26 of Central Excise Rules, 2002, were allowed by the Appellate Tribunal CESTAT, Ahmedabad on 19th May 2009. The Tribunal found that the directors had resigned before the alleged contraventions and lacked involvement during the relevant period, leading to the conclusion that penalties imposed on them were unjustified. However, penalties on the transporters involved in transporting goods with incorrect descriptions were reduced but upheld due to their knowledge of the goods' tainted nature. en-us Tue, 19 May 2009 00:00:00 +0530 Sat, 03 Nov 2012 13:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126211 The appeals of the two former directors of M/s. Shree Saibaba Copper Pvt. Ltd. against penalties imposed under Rule 26 of Central Excise Rules, 2002, were allowed by the Appellate Tribunal CESTAT, Ahmedabad on 19th May 2009. The Tribunal found that the directors had resigned before the alleged contraventions and lacked involvement during the relevant period, leading to the conclusion that penalties imposed on them were unjustified. However, penalties on the transporters involved in transporting goods with incorrect descriptions were reduced but upheld due to their knowledge of the goods' tainted nature. Case-Laws Central Excise Tue, 19 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126211