https://www.taxtmi.com/caselaws?id=114449 A breach of Rule 57GG governing modvatable invoice issuance was sufficient to attract penalty where two sets of invoice books with identical serial numbers were used, even though verification showed correct duty payment and no actual revenue loss. The contravention of the prescribed invoicing conditions justified penalty on the proprietorship concern. However, separate penalties on both the proprietorship concern and its proprietor for the same conduct were unsustainable, and the proprietor's penalty was set aside. The penalty on the concern was also moderated as excessive and reduced to Rs. 50,000. en-us Mon, 08 Mar 2004 00:00:00 +0530 Tue, 15 May 2012 17:28:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114449 A breach of Rule 57GG governing modvatable invoice issuance was sufficient to attract penalty where two sets of invoice books with identical serial numbers were used, even though verification showed correct duty payment and no actual revenue loss. The contravention of the prescribed invoicing conditions justified penalty on the proprietorship concern. However, separate penalties on both the proprietorship concern and its proprietor for the same conduct were unsustainable, and the proprietor's penalty was set aside. The penalty on the concern was also moderated as excessive and reduced to Rs. 50,000. Case-Laws Central Excise Mon, 08 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114449