https://www.taxtmi.com/caselaws?id=255386 The Tribunal upheld the penalty imposed on the appellants for issuing invoices without supplying goods, despite their arguments regarding settlement by the Settlement Commission and the applicability of penalties under Central Excise Rules. The Tribunal found no merit in the appellant's contentions, emphasizing legal precedents and the deliberate fraudulent actions of the appellants. The penalty was maintained without reduction, with the Tribunal dismissing the appeal and affirming the initial penalty imposition. en-us Wed, 20 Aug 2014 00:00:00 +0530 Thu, 15 Jan 2015 14:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255386 The Tribunal upheld the penalty imposed on the appellants for issuing invoices without supplying goods, despite their arguments regarding settlement by the Settlement Commission and the applicability of penalties under Central Excise Rules. The Tribunal found no merit in the appellant's contentions, emphasizing legal precedents and the deliberate fraudulent actions of the appellants. The penalty was maintained without reduction, with the Tribunal dismissing the appeal and affirming the initial penalty imposition. Case-Laws Central Excise Wed, 20 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255386