https://www.taxtmi.com/caselaws?id=170857 The High Court upheld the Customs, Excise & Service Tax Appellate Tribunal's decision to set aside the penalty imposed on the respondent. The Court found that the Tribunal correctly determined that the penalty was wrongful due to the lack of further inquiry into a statement implicating the respondent. It was highlighted that the revenue failed to conduct an independent investigation before penalizing the respondent, leading to fundamental errors in the case. As a result, the appeal was dismissed, affirming the Tribunal's ruling in favor of the respondent. en-us Tue, 27 Aug 2013 00:00:00 +0530 Sat, 20 Jun 2015 17:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170857 The High Court upheld the Customs, Excise & Service Tax Appellate Tribunal's decision to set aside the penalty imposed on the respondent. The Court found that the Tribunal correctly determined that the penalty was wrongful due to the lack of further inquiry into a statement implicating the respondent. It was highlighted that the revenue failed to conduct an independent investigation before penalizing the respondent, leading to fundamental errors in the case. As a result, the appeal was dismissed, affirming the Tribunal's ruling in favor of the respondent. Case-Laws Central Excise Tue, 27 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170857