https://www.taxtmi.com/caselaws?id=342242 The tribunal allowed Revenue's appeal against M/s. Sree Uma Parameshwari Mills Ltd., modifying the penalty under section 11AC of the Central Excise Act, 1944 to &8377; 83,37,544/-. M/s. V.M. Tradings' appeal against a penalty under Rule 26 of Central Excise Rules, 2002 was dismissed due to lack of evidence. M/s. K. Subba Rao & Co.'s appeal was rejected for supplying unaccounted goods. M/s. Radha Textiles (P) Ltd. failed to defend penalties for dispatching unaccounted goods. Shri P.N. Gopi's penalty was upheld for his role in unaccounted goods supply. The tribunal stressed the need for evidence and compliance with excise regulations in penalty cases. en-us Tue, 07 Feb 2017 00:00:00 +0530 Sat, 29 Apr 2017 10:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342242 The tribunal allowed Revenue's appeal against M/s. Sree Uma Parameshwari Mills Ltd., modifying the penalty under section 11AC of the Central Excise Act, 1944 to &8377; 83,37,544/-. M/s. V.M. Tradings' appeal against a penalty under Rule 26 of Central Excise Rules, 2002 was dismissed due to lack of evidence. M/s. K. Subba Rao & Co.'s appeal was rejected for supplying unaccounted goods. M/s. Radha Textiles (P) Ltd. failed to defend penalties for dispatching unaccounted goods. Shri P.N. Gopi's penalty was upheld for his role in unaccounted goods supply. The tribunal stressed the need for evidence and compliance with excise regulations in penalty cases. Case-Laws Central Excise Tue, 07 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342242