https://www.taxtmi.com/caselaws?id=437569 The Tribunal partially allowed the appeal challenging the penalty of Rs. 25 lakhs imposed on the appellant under Rule 26(2) of Central Excise Rules, 2002 for providing invoices without actual supply of goods. The penalty was reduced to Rs. 2.5 lakhs, representing 10% of the original amount, due to the excessive nature of the initial penalty. The Commissioner's findings on the appellant's involvement in the irregularities were upheld, emphasizing the lack of documentary evidence of goods receipt and confirmation of non-transportation of goods mentioned in the invoices. en-us Mon, 27 Feb 2023 00:00:00 +0530 Wed, 10 May 2023 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437569 The Tribunal partially allowed the appeal challenging the penalty of Rs. 25 lakhs imposed on the appellant under Rule 26(2) of Central Excise Rules, 2002 for providing invoices without actual supply of goods. The penalty was reduced to Rs. 2.5 lakhs, representing 10% of the original amount, due to the excessive nature of the initial penalty. The Commissioner's findings on the appellant's involvement in the irregularities were upheld, emphasizing the lack of documentary evidence of goods receipt and confirmation of non-transportation of goods mentioned in the invoices. Case-Laws Central Excise Mon, 27 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437569