https://www.taxtmi.com/caselaws?id=121196 Penalties under the excise penalty provisions were held unsustainable at the prima facie stage where the applicants were only dealers in raw materials, not registered dealers of the finished goods, and no offence was shown in relation to their raw material dealings. The partner/director penalty also could not be sustained because there was no finding that the goods concerned were liable to confiscation. On these facts, the applicants established a prima facie case for complete waiver of pre-deposit and stay of recovery pending the appeals. en-us Thu, 01 Mar 2007 00:00:00 +0530 Fri, 27 Jul 2012 13:57:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121196 Penalties under the excise penalty provisions were held unsustainable at the prima facie stage where the applicants were only dealers in raw materials, not registered dealers of the finished goods, and no offence was shown in relation to their raw material dealings. The partner/director penalty also could not be sustained because there was no finding that the goods concerned were liable to confiscation. On these facts, the applicants established a prima facie case for complete waiver of pre-deposit and stay of recovery pending the appeals. Case-Laws Central Excise Thu, 01 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121196