https://www.taxtmi.com/caselaws?id=435738 The tribunal upheld the penalty of Rs. 5 lacs imposed on the appellant, a Chartered Accountant, for issuing false performance certificates leading to excise duty evasion of over Rs. 10 Crores. The appellant's involvement in the fraudulent scheme was deemed significant, with the tribunal citing similar judgments to support the penalty under Rule 26. The appellant's defenses of bona fide belief and nominal fees were rejected. The tribunal remanded the issue of penalty under Section 114A back to the adjudicating authority for review, ultimately dismissing the appeals of the appellant and another party involved. en-us Fri, 24 Mar 2023 00:00:00 +0530 Mon, 27 Mar 2023 09:08:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435738 The tribunal upheld the penalty of Rs. 5 lacs imposed on the appellant, a Chartered Accountant, for issuing false performance certificates leading to excise duty evasion of over Rs. 10 Crores. The appellant's involvement in the fraudulent scheme was deemed significant, with the tribunal citing similar judgments to support the penalty under Rule 26. The appellant's defenses of bona fide belief and nominal fees were rejected. The tribunal remanded the issue of penalty under Section 114A back to the adjudicating authority for review, ultimately dismissing the appeals of the appellant and another party involved. Case-Laws Central Excise Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435738