https://www.taxtmi.com/caselaws?id=204430 The Tribunal upheld a penalty of Rs. 10,000 on the Applicant for failure to submit annual financial information statements as required by Rule 12(2) of the Central Excise Rules, 2002. Despite citing a previous judgment, the Applicant's continuous non-compliance and admission of not providing the statements for multiple years led to the penalty being upheld. The Tribunal dismissed the Appeal and Stay Petition, emphasizing the Applicant's persistent failure to adhere to the submission requirement. en-us Fri, 13 Aug 2010 00:00:00 +0530 Wed, 05 Jun 2013 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204430 The Tribunal upheld a penalty of Rs. 10,000 on the Applicant for failure to submit annual financial information statements as required by Rule 12(2) of the Central Excise Rules, 2002. Despite citing a previous judgment, the Applicant's continuous non-compliance and admission of not providing the statements for multiple years led to the penalty being upheld. The Tribunal dismissed the Appeal and Stay Petition, emphasizing the Applicant's persistent failure to adhere to the submission requirement. Case-Laws Central Excise Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204430