Tag Archives: Rule 26

Issue of wrong certificate does not attract penalty under Excise rule 26 or 27

By | January 6, 2016

Plead of Appellant :- The certificate in effect indicated that the said amount of huge cash was a sort of investment received from such investors which was not found to be correct by the Tribunal, and therefore the certificate was a false certificate which ultimately benefited the trader/assessee in setting up an explanation with regard to the evasion… Read More »

No Penalty under Rule 26 if goods liable to confiscation are not taken in Possession

By | November 1, 2015

Rule 26 of the Central Excise Rules, 2002 Facts of the case :-  Three firms claimed rebate of Central Excise duty from office of Maritime Commissioner . Rebate was sanctioned and disbursed to them .During Course of post sanction verification of duty payment, it was alleged that rebate claims were filed by submitting false, fabricated… Read More »