https://www.taxtmi.com/caselaws?id=366893 The Tribunal upheld penalties for evasion of duty by clandestine clearance against co-noticees, remanding for re-quantification. Appellants challenged penalties under Rule 26 of Central Excise Rules, 2002, arguing lack of personal benefit. Penalties were reduced for individuals based on roles in evasion activities. Companies also faced penalties under the rule, reduced citing legal precedent. The judgment disposed of all appeals considering revised penalties and individual liabilities. en-us Thu, 08 Feb 2018 00:00:00 +0530 Thu, 13 Sep 2018 08:17:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366893 The Tribunal upheld penalties for evasion of duty by clandestine clearance against co-noticees, remanding for re-quantification. Appellants challenged penalties under Rule 26 of Central Excise Rules, 2002, arguing lack of personal benefit. Penalties were reduced for individuals based on roles in evasion activities. Companies also faced penalties under the rule, reduced citing legal precedent. The judgment disposed of all appeals considering revised penalties and individual liabilities. Case-Laws Central Excise Thu, 08 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366893