Tag Archives: Rule 27

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 »