https://www.taxtmi.com/caselaws?id=233417 The High Court of PUNJAB & HARYANA affirmed the decision of the Customs, Excise & Service Tax Appellate Tribunal in an appeal under Section 35-G of the Central Excise Act, 1944. The Tribunal had waived the duty demand for one appellant but directed others to deposit a portion of the duty and penalties due to findings of bogus transactions. The Court upheld the Tribunal's order, stating that the waiver for one appellant was justified while others were required to make partial deposits, finding no merit in the argument for complete waiver based on Cenvat Credit reversal. The appeal was dismissed. en-us Mon, 08 Apr 2013 00:00:00 +0530 Wed, 01 May 2013 11:11:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233417 The High Court of PUNJAB & HARYANA affirmed the decision of the Customs, Excise & Service Tax Appellate Tribunal in an appeal under Section 35-G of the Central Excise Act, 1944. The Tribunal had waived the duty demand for one appellant but directed others to deposit a portion of the duty and penalties due to findings of bogus transactions. The Court upheld the Tribunal's order, stating that the waiver for one appellant was justified while others were required to make partial deposits, finding no merit in the argument for complete waiver based on Cenvat Credit reversal. The appeal was dismissed. Case-Laws Central Excise Mon, 08 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233417