https://www.taxtmi.com/caselaws?id=177101 The Tribunal granted the appellant's application for waiver of pre-deposit of penalty under Rule 27 of the Central Excise Rules, 2002. The penalty was imposed without sufficient evidence of export discrepancies related to ARE-3s. Despite the absence of rewarehousing certificates, the reconciliation of ARE-3s did not result in a duty demand. The Tribunal deemed the penalty amount excessive as Rule 27 allows for a general penalty of Rs. 5,000 only. Consequently, the appellant successfully established a prima facie case for waiver, leading to the stay of penalty recovery pending appeal disposal. en-us Tue, 26 Jul 2011 00:00:00 +0530 Sat, 02 Jan 2016 16:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177101 The Tribunal granted the appellant's application for waiver of pre-deposit of penalty under Rule 27 of the Central Excise Rules, 2002. The penalty was imposed without sufficient evidence of export discrepancies related to ARE-3s. Despite the absence of rewarehousing certificates, the reconciliation of ARE-3s did not result in a duty demand. The Tribunal deemed the penalty amount excessive as Rule 27 allows for a general penalty of Rs. 5,000 only. Consequently, the appellant successfully established a prima facie case for waiver, leading to the stay of penalty recovery pending appeal disposal. Case-Laws Central Excise Tue, 26 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177101