https://www.taxtmi.com/article/detailed?id=5444 Section 9 enumerates excise offences-evasion, unlawful removal or dealing with excisable goods, misuse of credit and false or withheld information-and prescribes criminal sanctions. Corporate liability attaches to companies and responsible officers unless due diligence or lack of knowledge is proved; consent or neglect by officers creates direct culpability. Penalty regimes require show cause notices and monetary penalties for under levy or erroneous refund due to fraud, collusion, misstatement, suppression or contravention, with reduced penalties where records disclose transactions and mechanisms for compounding, publication of convictions and appeal stage deposit obligations. en-us Tue, 21 Jan 2014 06:35:38 +0530 Tue, 21 Jan 2014 06:35:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5444 Section 9 enumerates excise offences-evasion, unlawful removal or dealing with excisable goods, misuse of credit and false or withheld information-and prescribes criminal sanctions. Corporate liability attaches to companies and responsible officers unless due diligence or lack of knowledge is proved; consent or neglect by officers creates direct culpability. Penalty regimes require show cause notices and monetary penalties for under levy or erroneous refund due to fraud, collusion, misstatement, suppression or contravention, with reduced penalties where records disclose transactions and mechanisms for compounding, publication of convictions and appeal stage deposit obligations. Articles Central Excise Tue, 21 Jan 2014 06:35:38 +0530 https://www.taxtmi.com/article/detailed?id=5444