https://www.taxtmi.com/caselaws?id=250588 Separate penalty on directors under Rule 26 is sustainable where the record shows conscious knowledge of, or participation in, the company's clandestine removal of excisable goods. Seized incriminating documents, the panchnama and the directors' statements were treated as material showing awareness of unaccounted clearances and removals without invoices. The underlying finding of clandestine removal against the company also remained undisturbed, and the penalties on the directors were upheld. en-us Fri, 25 Apr 2014 00:00:00 +0530 Wed, 19 Nov 2014 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250588 Separate penalty on directors under Rule 26 is sustainable where the record shows conscious knowledge of, or participation in, the company's clandestine removal of excisable goods. Seized incriminating documents, the panchnama and the directors' statements were treated as material showing awareness of unaccounted clearances and removals without invoices. The underlying finding of clandestine removal against the company also remained undisturbed, and the penalties on the directors were upheld. Case-Laws Central Excise Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250588