https://www.taxtmi.com/caselaws?id=266091 Penalty under Rule 26 of the Central Excise Rules, 2002, as it stood before 01.03.2007, could not be sustained merely because persons issued invoices without supplying goods. The rule, in that period, applied to dealings with excisable goods such as possession, transport, removal, deposit, concealment, sale or purchase of goods known to be liable to confiscation. The later specific coverage of invoice issuance without supply was introduced only from 01.03.2007, so it did not apply retrospectively to the earlier period. Penalties were therefore held unsustainable. en-us Tue, 05 May 2015 00:00:00 +0530 Mon, 22 Feb 2016 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266091 Penalty under Rule 26 of the Central Excise Rules, 2002, as it stood before 01.03.2007, could not be sustained merely because persons issued invoices without supplying goods. The rule, in that period, applied to dealings with excisable goods such as possession, transport, removal, deposit, concealment, sale or purchase of goods known to be liable to confiscation. The later specific coverage of invoice issuance without supply was introduced only from 01.03.2007, so it did not apply retrospectively to the earlier period. Penalties were therefore held unsustainable. Case-Laws Central Excise Tue, 05 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266091