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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 rules 25 and 27 of CE Rules 2002 X X X X Extracts X X X X X X X X Extracts X X X X ..... lty 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 o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 impositio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 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 N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EIHSIAL:
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? X X X X Extracts X X X X X X X X Extracts X X X X ..... sion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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