https://www.taxtmi.com/caselaws?id=219156 The Appellate Tribunal CESTAT, New Delhi confirmed demands of duties against M/s. Lauls Limited and imposed penalties on the Director and a broker under Rule 26 of the Central Excise Rules, 2002 for obtaining cenvatable invoices without goods. M/s. Lauls had already paid the duty amount, exempting the Director from pre-deposit. The Tribunal granted an unconditional stay to the broker, considering his intermediary role and actions predating the rule amendment. The judgment emphasized aligning penalties with specific sub-rules and timelines, ultimately allowing stay petitions for both individuals involved. en-us Tue, 06 Mar 2012 00:00:00 +0530 Thu, 06 Dec 2012 19:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219156 The Appellate Tribunal CESTAT, New Delhi confirmed demands of duties against M/s. Lauls Limited and imposed penalties on the Director and a broker under Rule 26 of the Central Excise Rules, 2002 for obtaining cenvatable invoices without goods. M/s. Lauls had already paid the duty amount, exempting the Director from pre-deposit. The Tribunal granted an unconditional stay to the broker, considering his intermediary role and actions predating the rule amendment. The judgment emphasized aligning penalties with specific sub-rules and timelines, ultimately allowing stay petitions for both individuals involved. Case-Laws Central Excise Tue, 06 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219156