https://www.taxtmi.com/caselaws?id=411616 The Tribunal ruled that penalties under Rule 26 of the Central Excise Rules, 2002 cannot be imposed on partnership firms as they are artificial entities, and the rule applies only to natural individuals. The decision was supported by previous judgments and precedents, which established that penalties under Rule 26 are specifically for natural persons. The impugned order imposing penalties on the partnership firms was set aside, and the appeals were allowed in favor of the appellants on the issue of penalty imposition only. en-us Wed, 04 Aug 2021 00:00:00 +0530 Tue, 31 Aug 2021 09:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411616 The Tribunal ruled that penalties under Rule 26 of the Central Excise Rules, 2002 cannot be imposed on partnership firms as they are artificial entities, and the rule applies only to natural individuals. The decision was supported by previous judgments and precedents, which established that penalties under Rule 26 are specifically for natural persons. The impugned order imposing penalties on the partnership firms was set aside, and the appeals were allowed in favor of the appellants on the issue of penalty imposition only. Case-Laws Central Excise Wed, 04 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411616