https://www.taxtmi.com/highlights?id=69760 Levy of penalty Personal Penalty on accountant - The appellant was only an accountant who was doing normal accountancy work. The issue of valuation of captively consumed yarn is a matter of the interpretation and therefore the penal provision of Rule 209 A of Central Excise Rules, 1944 cannot be invoked against the person who is only involved in maintaining the accounts of the company. - AT en-us Mon, 15 May 2023 11:32:57 +0530 Mon, 15 May 2023 11:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69760 Levy of penalty Personal Penalty on accountant - The appellant was only an accountant who was doing normal accountancy work. The issue of valuation of captively consumed yarn is a matter of the interpretation and therefore the penal provision of Rule 209 A of Central Excise Rules, 1944 cannot be invoked against the person who is only involved in maintaining the accounts of the company. - AT Highlights Central Excise Mon, 15 May 2023 11:32:57 +0530 https://www.taxtmi.com/highlights?id=69760