https://www.taxtmi.com/caselaws?id=121081 Penalties on co-noticee directors under Rule 209-A of the Central Excise Rules, 1944 were found unsustainable where the main noticee had settled the same common show cause notice under the Kar Vivad Samadhan Scheme. The settlement was treated as a full and final resolution of the dispute arising from the joint proceedings, and that consequence could not be confined only to the main declarant while leaving the same penalties intact against other noticees. The same settlement benefit was therefore extended to the co-noticees, and the penalties on the directors were set aside. en-us Mon, 06 Nov 2006 00:00:00 +0530 Thu, 26 Jul 2012 14:28:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121081 Penalties on co-noticee directors under Rule 209-A of the Central Excise Rules, 1944 were found unsustainable where the main noticee had settled the same common show cause notice under the Kar Vivad Samadhan Scheme. The settlement was treated as a full and final resolution of the dispute arising from the joint proceedings, and that consequence could not be confined only to the main declarant while leaving the same penalties intact against other noticees. The same settlement benefit was therefore extended to the co-noticees, and the penalties on the directors were set aside. Case-Laws Central Excise Mon, 06 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121081