https://www.taxtmi.com/caselaws?id=448045 Relief granted to the principal noticee under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, which settled the underlying duty-linked proceedings, also displaced the basis for continuing penalties against connected individuals. The Tribunal reasoned that the scheme was designed to resolve legacy disputes on tax dues and extend consequential relief in respect of interest, penalty and related consequences. Once the principal noticee's liability stood concluded under the scheme, the penalties imposed on the individual appellants could not be sustained and were set aside. en-us Thu, 30 Nov 2023 00:00:00 +0530 Fri, 08 Nov 2024 13:10:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448045 Relief granted to the principal noticee under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, which settled the underlying duty-linked proceedings, also displaced the basis for continuing penalties against connected individuals. The Tribunal reasoned that the scheme was designed to resolve legacy disputes on tax dues and extend consequential relief in respect of interest, penalty and related consequences. Once the principal noticee's liability stood concluded under the scheme, the penalties imposed on the individual appellants could not be sustained and were set aside. Case-Laws Central Excise Thu, 30 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448045