TMI BlogPenalty under rules 25 and 27 of CE Rules 2002X X X X Extracts X X X X X X X X Extracts X X X X ..... Penalty 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 decisio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n is right or 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 = Yo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ur decision is right. Reply 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 e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vaded. What is the basis of imposition 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 11AC (d). Thank you. - Reply By IMMANUEL NEIHSIAL - The Reply = The assessee has fulfilled section 11AC(1)(d) of CE Act 1944. Thank you - Reply By DR.MARIAPPAN GOVINDARAJAN - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = Whether the queries is the department officer? - Penalty under rules 25 and 27 of CE Rules 2002 - Query Started By: - IMMANUEL NEIHSIAL Dated:- 2-12-2018 Central Excise - Got 5 Replies - Centra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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