https://www.taxtmi.com/caselaws?id=124653 The Tribunal found that penalties imposed under Rule 25 of Central Excise Rules were not sustainable for the period before the introduction of a specific penalty rule on 1-3-2007. The applicants, registered as dealers, were authorized to issue invoices but failed to maintain accurate stock records and issue proper invoices. They were directed to deposit 25% of the penalties within eight weeks, with the remaining amount waived for appeal hearing purposes. Compliance reporting was required, balancing enforcement with the opportunity for partial penalty waiver based on compliance. en-us Mon, 18 Aug 2008 00:00:00 +0530 Thu, 31 Aug 2017 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124653 The Tribunal found that penalties imposed under Rule 25 of Central Excise Rules were not sustainable for the period before the introduction of a specific penalty rule on 1-3-2007. The applicants, registered as dealers, were authorized to issue invoices but failed to maintain accurate stock records and issue proper invoices. They were directed to deposit 25% of the penalties within eight weeks, with the remaining amount waived for appeal hearing purposes. Compliance reporting was required, balancing enforcement with the opportunity for partial penalty waiver based on compliance. Case-Laws Central Excise Mon, 18 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124653