https://www.taxtmi.com/caselaws?id=340132 The Appellate Tribunal CESTAT MUMBAI upheld penalties under Rule 26 of the Central Excise Rules, 2002 on appellants for aiding in fraudulent passing of cenvat credit invoices. While acknowledging the involvement of the appellants, including Minaz Gadhia, in the scheme, the Tribunal reduced the penalties due to the applicability of Rule 26(2) during the relevant period. Penalties for Minaz Gadhia and others were decreased. The Tribunal partially allowed the appeals, modifying the penalties imposed on the appellants. The judgment was delivered on 03/02/2017. en-us Fri, 03 Feb 2017 00:00:00 +0530 Thu, 16 Mar 2017 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340132 The Appellate Tribunal CESTAT MUMBAI upheld penalties under Rule 26 of the Central Excise Rules, 2002 on appellants for aiding in fraudulent passing of cenvat credit invoices. While acknowledging the involvement of the appellants, including Minaz Gadhia, in the scheme, the Tribunal reduced the penalties due to the applicability of Rule 26(2) during the relevant period. Penalties for Minaz Gadhia and others were decreased. The Tribunal partially allowed the appeals, modifying the penalties imposed on the appellants. The judgment was delivered on 03/02/2017. Case-Laws Central Excise Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340132