Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Penalty Under Rule 26(2) Central Excise Rules | Cannot Be Imposed on Corporate Entities : Customs, Excise & Service Tax Appellate Tribunal
The CESTAT holds that Rule 26(2) penalties under the Central Excise Rules, 2002 apply only to natural persons, not corporate entities, reinforcing the principle of personal culpability in tax evasion.