https://www.taxtmi.com/caselaws?id=203594 The appellate authority upheld the imposition of penalties on the appellants under Rule 26 of the Central Excise Rules, 2002, despite arguments against cumulative and composite penalties. The penalties were deemed justified based on the specific provisions invoked and the nature of the violations. The company's Director received a penalty of Rs. 6 lakhs for significant duty evasion, while the Marketing Manager and Manager had their penalties reduced to Rs. 75,000 each due to their roles as employees not sharing in the profits earned. The judgment provided a detailed analysis and fair decision on penalty imposition and quantum of penalties. en-us Fri, 13 May 2011 00:00:00 +0530 Thu, 05 Jan 2012 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203594 The appellate authority upheld the imposition of penalties on the appellants under Rule 26 of the Central Excise Rules, 2002, despite arguments against cumulative and composite penalties. The penalties were deemed justified based on the specific provisions invoked and the nature of the violations. The company's Director received a penalty of Rs. 6 lakhs for significant duty evasion, while the Marketing Manager and Manager had their penalties reduced to Rs. 75,000 each due to their roles as employees not sharing in the profits earned. The judgment provided a detailed analysis and fair decision on penalty imposition and quantum of penalties. Case-Laws Central Excise Fri, 13 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203594