https://www.taxtmi.com/caselaws?id=97119 Dealers in automobile parts sought waiver of pre-deposit and stay of recovery of penalties imposed under Rule 209A of the Central Excise Rules, 1944. Interim penalty liability against a trader arises only where there is material showing that the trader knew, or had reason to believe, that the goods purchased were liable to confiscation. On the stated facts, the applicants claimed they were mere dealers who paid negotiated prices and lacked knowledge of any duty evasion or confiscability, while the principal manufacturer had already deposited the duty and its penalty. Waiver of pre-deposit was granted and coercive recovery was restrained during pendency of the appeals. en-us Tue, 08 May 2001 00:00:00 +0530 Sat, 14 Jan 2012 11:19:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97119 Dealers in automobile parts sought waiver of pre-deposit and stay of recovery of penalties imposed under Rule 209A of the Central Excise Rules, 1944. Interim penalty liability against a trader arises only where there is material showing that the trader knew, or had reason to believe, that the goods purchased were liable to confiscation. On the stated facts, the applicants claimed they were mere dealers who paid negotiated prices and lacked knowledge of any duty evasion or confiscability, while the principal manufacturer had already deposited the duty and its penalty. Waiver of pre-deposit was granted and coercive recovery was restrained during pendency of the appeals. Case-Laws Central Excise Tue, 08 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97119