https://www.taxtmi.com/caselaws?id=337400 Compounding of the underlying central excise dispute, together with granted immunity from prosecution, bars continuation of parallel criminal proceedings on the same allegations. The text notes that the company withdrew its exemption claim and no wrongful gain or revenue loss was shown, so further prosecution would defeat the effect of settlement and amount to unnecessary harassment. It also states that the charge-sheet did not disclose a prima facie case under the Penal Code or the Prevention of Corruption Act because the allegations were general and lacked specific material of dishonest inducement, forgery, pecuniary advantage, or other essential ingredients. On that basis, the process order was set aside and the petitioners were discharged. en-us Thu, 29 Dec 2016 00:00:00 +0530 Thu, 24 Aug 2017 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337400 Compounding of the underlying central excise dispute, together with granted immunity from prosecution, bars continuation of parallel criminal proceedings on the same allegations. The text notes that the company withdrew its exemption claim and no wrongful gain or revenue loss was shown, so further prosecution would defeat the effect of settlement and amount to unnecessary harassment. It also states that the charge-sheet did not disclose a prima facie case under the Penal Code or the Prevention of Corruption Act because the allegations were general and lacked specific material of dishonest inducement, forgery, pecuniary advantage, or other essential ingredients. On that basis, the process order was set aside and the petitioners were discharged. Case-Laws Central Excise Thu, 29 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337400