https://www.taxtmi.com/caselaws?id=340219 The Tribunal upheld penalties imposed on M/s Babu Di Fancy Hatti, M/s Jainico Traders, and Shri Parvesh Jain for their involvement in Central Excise duty evasion orchestrated by Shri Ashok Jain. Despite appellants' arguments of innocence or lack of knowledge, evidence linked them to the clandestine clearance scheme. The penalties under Rule 26 of the Central Excise Rules, 2002 were confirmed based on established connections to the evasion activities, leading to dismissal of all three appeals challenging the penalties. en-us Tue, 14 Mar 2017 00:00:00 +0530 Sat, 25 Mar 2017 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340219 The Tribunal upheld penalties imposed on M/s Babu Di Fancy Hatti, M/s Jainico Traders, and Shri Parvesh Jain for their involvement in Central Excise duty evasion orchestrated by Shri Ashok Jain. Despite appellants' arguments of innocence or lack of knowledge, evidence linked them to the clandestine clearance scheme. The penalties under Rule 26 of the Central Excise Rules, 2002 were confirmed based on established connections to the evasion activities, leading to dismissal of all three appeals challenging the penalties. Case-Laws Central Excise Tue, 14 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340219