https://www.taxtmi.com/caselaws?id=439120 The Appellate Tribunal CESTAT AHMEDABAD reduced the penalty imposed on the appellant, a DGM Finance at M/s. Electrotherm (India) Ltd, from Rs. 10 lacs to Rs. 1 lac under Rule 26 of the Central Excise Rules, 2002. Despite the appellant's limited direct involvement in the duty evasion, the Tribunal held him accountable due to his position, showing leniency in the penalty reduction. The appeal was partly allowed, modifying the impugned order accordingly. en-us Thu, 15 Jun 2023 00:00:00 +0530 Sat, 17 Jun 2023 08:09:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439120 The Appellate Tribunal CESTAT AHMEDABAD reduced the penalty imposed on the appellant, a DGM Finance at M/s. Electrotherm (India) Ltd, from Rs. 10 lacs to Rs. 1 lac under Rule 26 of the Central Excise Rules, 2002. Despite the appellant's limited direct involvement in the duty evasion, the Tribunal held him accountable due to his position, showing leniency in the penalty reduction. The appeal was partly allowed, modifying the impugned order accordingly. Case-Laws Central Excise Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439120