Personal Penalty on director for clearance of taxable goods as exempt is unwarranted in absence of their role in the same

Ld. Advocate Shri S. J. Vyas for the appellant submitted that in the present appeals the appellants are challenging the order on the ground that imposition of penalty under Section 11AC of CEA,1944 against the appellant company and personal penalty under Rule 26 of Central Excise Rules,2002 on the Director is unjustified. The Ld. Advocate for the Appellants submits that the appellant under a bonafide belief, cleared the goods at

Please become a Premium member. If you are already a Premium member, login here to access the full content.