https://www.taxtmi.com/caselaws?id=433298 The penalties imposed on the Managing Director/Directors of a company for abatement in the evasion of duty under Rule 26 were upheld by the court. The court found that the company engaged in clandestine removal of goods through parallel invoices and improper accounting, involving the entire board of directors. Despite arguments of lack of direct involvement and proper investigation, the court emphasized the directors' knowledge and role in the evasion of duty. The court distinguished previous judgments and dismissed the appeals, affirming the penalties. en-us Mon, 23 Jan 2023 00:00:00 +0530 Fri, 27 Mar 2026 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433298 The penalties imposed on the Managing Director/Directors of a company for abatement in the evasion of duty under Rule 26 were upheld by the court. The court found that the company engaged in clandestine removal of goods through parallel invoices and improper accounting, involving the entire board of directors. Despite arguments of lack of direct involvement and proper investigation, the court emphasized the directors' knowledge and role in the evasion of duty. The court distinguished previous judgments and dismissed the appeals, affirming the penalties. Case-Laws Central Excise Mon, 23 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433298