2006 (12) TMI 335

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....der]. -  The appellant has been imposed with a penalty of Rs. 50,000/- under Rule 209A of the Central Excise Rules, 1944 on the ground that he has played a part in evasion of duty by M/s. Bangalore Pesticides Ltd. (a defunct company facing liquidation before the High Court). The Commissioner (Appeals), in the impugned order, has noted that the department's contention was that the appellant h....

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..... Shri Rajendran, in his statement, admitted that he was in overall charge of Bangalore Plant including finance, sales and purchase. He was heading the unit at Bangalore. A.K. Kanoria, in his statement, indicated that he was only presiding in the Board of Directors' meeting of M/s. Bangalore Pesticides Ltd. which is a professionally run company. The functions of sales, purchase, finances were take....

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....se penalty on persons incharge of the affairs and responsible for payment of duty. He submits that Rule 209A which lays down penalty for officer acquiring possession of, or is in any way concerned in transporting, removing, depositing, keeping, concealing, selling or purchasing, or in any other manner deals with, any excisable goods which he knows or has reason to believe are liable to confiscatio....