https://www.taxtmi.com/caselaws?id=383025 The Tribunal set aside the penalty of Rs. 1.25 Crores imposed on the appellant under Rule 26 of the Central Excise Rules 2002. The Commissioner failed to properly examine crucial statements and lacked documentary corroboration. The Tribunal emphasized the necessity of concrete evidence and adherence to legal procedures in penalty imposition, stressing the significance of corroborative material and considering exculpatory statements. The decision underscores the requirement for substantial evidence to support penalties, ensuring fairness and justice in legal proceedings. en-us Thu, 11 Jul 2019 00:00:00 +0530 Tue, 16 Jul 2019 07:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383025 The Tribunal set aside the penalty of Rs. 1.25 Crores imposed on the appellant under Rule 26 of the Central Excise Rules 2002. The Commissioner failed to properly examine crucial statements and lacked documentary corroboration. The Tribunal emphasized the necessity of concrete evidence and adherence to legal procedures in penalty imposition, stressing the significance of corroborative material and considering exculpatory statements. The decision underscores the requirement for substantial evidence to support penalties, ensuring fairness and justice in legal proceedings. Case-Laws Central Excise Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383025