Penalty under rules 25 and 27 of CE Rules 2002
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....enalty under rules 25 and 27 of CE Rules 2002<br> Query (Issue) Started By: - IMMANUEL NEIHSIAL Dated:- 2-12-2018 Last Reply Date:- 9-12-2018 Central Excise<br>Got 5 Replies<br>Central Excise<br>Penal....
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....ty under rule 25 of central excise rules 2002 has been imposed @15% of the Demand. Now i refrain from imposing penalty under rule 27 of the CE rule 2002. I want to know whether my decision is right or....
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.... wrong. Can we impose penalties by using both rules 25 and 27 of CE rules 2002 ? Advice is highly sought on the matter. Thank you. Reply By KASTURI SETHI: The Reply: Your decision is right. Reply ....
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....to second query is 'NO'. Reply By KASTURI SETHI: The Reply: Dear Sir, Rule 25 is subject Section 11 AC . Penalty should not exceed the amount of duty evaded. What is the basis of imposition....
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.... of penalty of 15% of duty demanded ? Will you please clarify ? Reply By IMMANUEL NEIHSIAL: The Reply: I impose penalty (15%) as the assessee fulfils rule 11AC (d). Thank you. Reply By IMMANUEL NE....
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....IHSIAL: The Reply: The assessee has fulfilled section 11AC(1)(d) of CE Act 1944. Thank you Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Whether the queries is the department officer?<br> Discuss....
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