https://www.taxtmi.com/caselaws?id=349877 The appeal against the penalty imposed under Rule 26 of the Central Excise Rules, 2002 for purchasing clandestinely removed goods was partly allowed. The penalty was reduced from Rs. 5,00,000 to Rs. 2,00,000 due to the excessive nature of the initial penalty compared to the total duty amount involved. The appellant's involvement in receiving non-duty paid goods and aiding in duty evasion was established through specific statements and records, leading to the acknowledgment of liability for confiscation of the goods. en-us Fri, 01 Sep 2017 00:00:00 +0530 Fri, 27 Oct 2017 09:03:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349877 The appeal against the penalty imposed under Rule 26 of the Central Excise Rules, 2002 for purchasing clandestinely removed goods was partly allowed. The penalty was reduced from Rs. 5,00,000 to Rs. 2,00,000 due to the excessive nature of the initial penalty compared to the total duty amount involved. The appellant's involvement in receiving non-duty paid goods and aiding in duty evasion was established through specific statements and records, leading to the acknowledgment of liability for confiscation of the goods. Case-Laws Central Excise Fri, 01 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349877