https://www.taxtmi.com/caselaws?id=334898 The appellate tribunal set aside the penalty imposed on the appellant under Rule 26 of the Central Excise Rules, 2002. The tribunal found that the appellant had transferred duty paid to the manufacturer in good faith without knowledge of any excess transfer. Emphasizing the importance of a bona fide belief, the tribunal ruled that the penalty was not applicable in this case. The appeal was allowed, and the impugned order was set aside with any consequential relief, highlighting the significance of genuine belief in duty payments to avoid penalties under the Central Excise Rules. en-us Wed, 16 Mar 2016 00:00:00 +0530 Wed, 23 Nov 2016 13:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334898 The appellate tribunal set aside the penalty imposed on the appellant under Rule 26 of the Central Excise Rules, 2002. The tribunal found that the appellant had transferred duty paid to the manufacturer in good faith without knowledge of any excess transfer. Emphasizing the importance of a bona fide belief, the tribunal ruled that the penalty was not applicable in this case. The appeal was allowed, and the impugned order was set aside with any consequential relief, highlighting the significance of genuine belief in duty payments to avoid penalties under the Central Excise Rules. Case-Laws Central Excise Wed, 16 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334898