https://www.taxtmi.com/caselaws?id=121289 The Tribunal set aside the personal penalties imposed on M/s. Pet Plastic Ltd. and Shri Ritesh Vakil due to insufficient evidence of their direct involvement or knowledge in the diversion of goods. The penalties were overturned based on the lack of proof establishing their culpability, in line with previous decisions in similar cases. en-us Fri, 23 Mar 2007 00:00:00 +0530 Sat, 28 Jul 2012 11:04:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121289 The Tribunal set aside the personal penalties imposed on M/s. Pet Plastic Ltd. and Shri Ritesh Vakil due to insufficient evidence of their direct involvement or knowledge in the diversion of goods. The penalties were overturned based on the lack of proof establishing their culpability, in line with previous decisions in similar cases. Case-Laws Central Excise Fri, 23 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121289