https://www.taxtmi.com/caselaws?id=789727 Penalty under Rule 26 of the Central Excise Rules, 2002 is not sustainable unless a person is shown to have acquired, transported, removed, kept, concealed, sold or purchased excisable goods knowing them to be liable to confiscation, or to have abetted issuance of invoices without delivery of goods. A broker who merely acts as an intermediary, without possession of or dealings in the goods, does not fall within that provision. Where the foundation allegations against the principal dealers have already been set aside, the consequential penalty on the broker also fails and is set aside. en-us Tue, 07 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789727 Penalty under Rule 26 of the Central Excise Rules, 2002 is not sustainable unless a person is shown to have acquired, transported, removed, kept, concealed, sold or purchased excisable goods knowing them to be liable to confiscation, or to have abetted issuance of invoices without delivery of goods. A broker who merely acts as an intermediary, without possession of or dealings in the goods, does not fall within that provision. Where the foundation allegations against the principal dealers have already been set aside, the consequential penalty on the broker also fails and is set aside. Case-Laws Central Excise Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789727