https://www.taxtmi.com/caselaws?id=98866 Liability under Rule 209A of the Central Excise Rules arose where branded goods cleared without payment of duty were received by a proprietary concern. Settlement by the manufacturer and its director under the KVS Scheme did not absolve the concern of its independent liability, and the cited Tribunal rulings were treated as factually distinguishable. The penalty was therefore sustained, but the Tribunal found the original quantum excessive and reduced it to Rs. 50,000. en-us Wed, 15 Mar 2000 00:00:00 +0530 Tue, 24 Jan 2012 13:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98866 Liability under Rule 209A of the Central Excise Rules arose where branded goods cleared without payment of duty were received by a proprietary concern. Settlement by the manufacturer and its director under the KVS Scheme did not absolve the concern of its independent liability, and the cited Tribunal rulings were treated as factually distinguishable. The penalty was therefore sustained, but the Tribunal found the original quantum excessive and reduced it to Rs. 50,000. Case-Laws Central Excise Wed, 15 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98866