https://www.taxtmi.com/caselaws?id=243905 The Tribunal waived the pre-deposit of penalties imposed on a manufacturing company and individuals under Rule 25 and Rule 26 of the Central Excise Rules, 2002, totaling Rs.18.00 crores. The penalties arose from non-clearance of goods despite duty payment due to order cancellations. The Tribunal found that the duty was paid twice for the same goods, leading to a refund application initially rejected but later allowed on appeal by the Commissioner. The Tribunal noted the meticulous record-keeping of raw materials, production, and clearance processes by the applicant, justifying the waiver of penalties and staying recovery during the appeal process. en-us Thu, 16 Jan 2014 00:00:00 +0530 Tue, 18 Nov 2014 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243905 The Tribunal waived the pre-deposit of penalties imposed on a manufacturing company and individuals under Rule 25 and Rule 26 of the Central Excise Rules, 2002, totaling Rs.18.00 crores. The penalties arose from non-clearance of goods despite duty payment due to order cancellations. The Tribunal found that the duty was paid twice for the same goods, leading to a refund application initially rejected but later allowed on appeal by the Commissioner. The Tribunal noted the meticulous record-keeping of raw materials, production, and clearance processes by the applicant, justifying the waiver of penalties and staying recovery during the appeal process. Case-Laws Central Excise Thu, 16 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243905