https://www.taxtmi.com/caselaws?id=118260 At the stay stage, the Tribunal found a prima facie case for waiver of pre-deposit of penalties under the Central Excise Rules, 1944 and granted interim relief. It noted an earlier decision supporting non-imposition of penalties in similar circumstances, while acknowledging a contrary view. The Tribunal also observed that a composite penalty imposed on the retired Superintendent under two independent provisions was not sustainable on a prima facie basis. To protect revenue pending final hearing, it directed that the disputed credit remain unutilised and the existing status quo be maintained until disposal of the appeal on merits. en-us Thu, 18 May 2006 00:00:00 +0530 Fri, 29 Jun 2012 15:26:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118260 At the stay stage, the Tribunal found a prima facie case for waiver of pre-deposit of penalties under the Central Excise Rules, 1944 and granted interim relief. It noted an earlier decision supporting non-imposition of penalties in similar circumstances, while acknowledging a contrary view. The Tribunal also observed that a composite penalty imposed on the retired Superintendent under two independent provisions was not sustainable on a prima facie basis. To protect revenue pending final hearing, it directed that the disputed credit remain unutilised and the existing status quo be maintained until disposal of the appeal on merits. Case-Laws Central Excise Thu, 18 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118260