https://www.taxtmi.com/caselaws?id=210774 The court upheld the imposition of penalties on a second stage dealer for purchasing iron and steel products involved in duty evasion. The dealer had received goods from a manufacturer who issued fraudulent invoices, leading to penalties equivalent to the unpaid duty on three invoices. The judge required the dealer to deposit 25% of the penalty amount for appeal admission, emphasizing the importance of proper duty payment and cautioning against reliance on fraudulent invoices in transactions subject to excise duty. Compliance reporting was mandated while staying the collection of the remaining penalty during the appeal process. en-us Tue, 10 Jan 2012 00:00:00 +0530 Tue, 21 Feb 2012 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210774 The court upheld the imposition of penalties on a second stage dealer for purchasing iron and steel products involved in duty evasion. The dealer had received goods from a manufacturer who issued fraudulent invoices, leading to penalties equivalent to the unpaid duty on three invoices. The judge required the dealer to deposit 25% of the penalty amount for appeal admission, emphasizing the importance of proper duty payment and cautioning against reliance on fraudulent invoices in transactions subject to excise duty. Compliance reporting was mandated while staying the collection of the remaining penalty during the appeal process. Case-Laws Central Excise Tue, 10 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210774