Penalty Waived for Appellant Company Due to Managing Director's Family Circumstances

The Appellate Tribunal CESTAT, Chennai upheld the decision to set aside the penalty imposed on the appellant company due to the Managing Director's circumstances. The penalty was waived as the Managing Director was attending to his seriously ill mother undergoing cancer treatment and had paid the tax with interest before the show cause notice was issued. The department's appeal was dismissed.

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The Appellate Tribunal CESTAT, Chennai upheld the lower appellate authority's decision to set aside the penalty imposed on the appellant company. The penalty was waived due to the Managing Director's circumstances of attending to his seriously ill mother undergoing cancer treatment, and the payment of tax with interest before the show cause notice was issued. The department's appeal was dismissed.

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