https://www.taxtmi.com/caselaws?id=310803 The CESTAT NEW DELHI deferred ruling on whether penalties against co-noticees survive when the main assessee's case is settled by the Settlement Commission. The tribunal identified conflicting precedents across different benches - some holding penalties against co-noticees do not survive after main appellant's settlement, while others ruled penalties survive despite settlement. Given these contradictory views from single member benches, division benches, and cases requiring third member resolution, the matter was referred to a larger bench for definitive determination. The case was ordered for relisting pending the larger bench decision. en-us Wed, 21 Dec 2022 00:00:00 +0530 Fri, 17 Nov 2023 20:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310803 The CESTAT NEW DELHI deferred ruling on whether penalties against co-noticees survive when the main assessee's case is settled by the Settlement Commission. The tribunal identified conflicting precedents across different benches - some holding penalties against co-noticees do not survive after main appellant's settlement, while others ruled penalties survive despite settlement. Given these contradictory views from single member benches, division benches, and cases requiring third member resolution, the matter was referred to a larger bench for definitive determination. The case was ordered for relisting pending the larger bench decision. Case-Laws Customs Wed, 21 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310803