https://www.taxtmi.com/caselaws?id=152386 Personal penalty on purchasers was held unsustainable where the goods were bought under departmental CT-2/Annexure I certificates, the supplier's 100% EOU status was disclosed in the invoices, and no duty-evasion intent or suppression of material facts was shown. Acting on Revenue-issued certificates meant the purchasers had no legal duty to independently verify the supplier's entitlement to DTA clearances. The transaction was also treated as revenue neutral because the raw materials were used to manufacture exported final products, so any duty paid would have been available as refund or credit. The penalty demand was therefore set aside. en-us Wed, 02 Sep 2009 00:00:00 +0530 Tue, 02 Jul 2013 15:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152386 Personal penalty on purchasers was held unsustainable where the goods were bought under departmental CT-2/Annexure I certificates, the supplier's 100% EOU status was disclosed in the invoices, and no duty-evasion intent or suppression of material facts was shown. Acting on Revenue-issued certificates meant the purchasers had no legal duty to independently verify the supplier's entitlement to DTA clearances. The transaction was also treated as revenue neutral because the raw materials were used to manufacture exported final products, so any duty paid would have been available as refund or credit. The penalty demand was therefore set aside. Case-Laws Central Excise Wed, 02 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152386