https://www.taxtmi.com/caselaws?id=243987 The Appellate Tribunal upheld the imposition of penalties under Section 11AC on the company due to substantial shortages and evidence of clandestine activities. Penalties under Rule 26 were also imposed on the Director for his involvement in the irregularities. The Tribunal found the Revenue's appeal acceptable, modifying the Commissioner (Appeals) order to impose penalties on both the company and the Director. en-us Fri, 01 Nov 2013 00:00:00 +0530 Mon, 17 Feb 2014 06:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243987 The Appellate Tribunal upheld the imposition of penalties under Section 11AC on the company due to substantial shortages and evidence of clandestine activities. Penalties under Rule 26 were also imposed on the Director for his involvement in the irregularities. The Tribunal found the Revenue's appeal acceptable, modifying the Commissioner (Appeals) order to impose penalties on both the company and the Director. Case-Laws Central Excise Fri, 01 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243987