https://www.taxtmi.com/caselaws?id=343392 Penalties imposed under Rule 209A of the Central Excise Rules, 1944 could not survive once the underlying duty demand in the connected matter had been set aside. The penalties were only consequential to the demand confirmed against the main noticee, and the Tribunal followed its earlier order setting aside similar penalties on co-noticees in the connected appeal. In the absence of any independent material to sustain the penalties, and despite the Revenue's pending High Court appeal without stay, the Tribunal held the penalties unsustainable and set them aside. en-us Wed, 15 Mar 2017 00:00:00 +0530 Wed, 24 May 2017 07:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343392 Penalties imposed under Rule 209A of the Central Excise Rules, 1944 could not survive once the underlying duty demand in the connected matter had been set aside. The penalties were only consequential to the demand confirmed against the main noticee, and the Tribunal followed its earlier order setting aside similar penalties on co-noticees in the connected appeal. In the absence of any independent material to sustain the penalties, and despite the Revenue's pending High Court appeal without stay, the Tribunal held the penalties unsustainable and set them aside. Case-Laws Central Excise Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343392