https://www.taxtmi.com/caselaws?id=214245 The High Court upheld the Tribunal's decision to set aside the penalty imposed under Rule 26 of the Central Excise Rules, 2002, and imposed a penalty of Rs. 5,000 each under Rule 27. The Court clarified that Rule 26 applies to specific offenses related to excisable goods liable for confiscation, whereas Rule 27 covers general penalties for breaches of rules. As the offense in question did not involve excisable goods liable for confiscation but rather a lack of diligence in encashing cheques for excise duty payment, the penalty under Rule 27 was deemed appropriate. The appeal was dismissed, affirming the penalty under Rule 27. en-us Fri, 02 Mar 2012 00:00:00 +0530 Thu, 01 May 2014 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214245 The High Court upheld the Tribunal's decision to set aside the penalty imposed under Rule 26 of the Central Excise Rules, 2002, and imposed a penalty of Rs. 5,000 each under Rule 27. The Court clarified that Rule 26 applies to specific offenses related to excisable goods liable for confiscation, whereas Rule 27 covers general penalties for breaches of rules. As the offense in question did not involve excisable goods liable for confiscation but rather a lack of diligence in encashing cheques for excise duty payment, the penalty under Rule 27 was deemed appropriate. The appeal was dismissed, affirming the penalty under Rule 27. Case-Laws Central Excise Fri, 02 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214245