https://www.taxtmi.com/caselaws?id=271173 The High Court set aside the Tribunal's order imposing penalties on a dealer in iron and steel products despite the dropped duty demand for the main assessee. The Court remanded the case for fresh consideration, emphasizing that penalties cannot be sustained when the duty demand is no longer applicable. Additionally, the Court directed a reconsideration of the penalty imposition for abetment in light of the exoneration of the main party, ultimately requiring the Tribunal to hear arguments from both parties before making a new decision. en-us Thu, 27 Aug 2015 00:00:00 +0530 Fri, 29 Jan 2016 01:02:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271173 The High Court set aside the Tribunal's order imposing penalties on a dealer in iron and steel products despite the dropped duty demand for the main assessee. The Court remanded the case for fresh consideration, emphasizing that penalties cannot be sustained when the duty demand is no longer applicable. Additionally, the Court directed a reconsideration of the penalty imposition for abetment in light of the exoneration of the main party, ultimately requiring the Tribunal to hear arguments from both parties before making a new decision. Case-Laws Central Excise Thu, 27 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271173