No Liability Without Possession of Goods: CESTAT Quashes Rs. 50K Penalty on Broker

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No Liability Without Possession of Goods: CESTAT Quashes Rs. 50K Penalty on Broker

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Published on

08/04/2026

By Mariya Paliwala

No Liability Without Possession of Goods: CESTAT Quashes Rs. 50K Penalty on Broker

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The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh Bench, has set aside a penalty of Rs. 50,000 imposed on a broker under Rule 26(2) of the Central Excise Rules, holding that no penalty can be sustained in the absence of evidence showing possession or involvement in the movement of excisable goods. The Bench…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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Possession of Goods

No Liability Without Possession of Goods: CESTAT Quashes Rs. 50K Penalty on Broker

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