https://www.taxtmi.com/caselaws?id=448372 Penalty on co-noticees under Rules 26 and 27 of the Central Excise Rules, 2002 was treated as not sustainable where the main noticee had settled the dispute under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. The Scheme's relief for tax dues, and for penalty-only matters the full penalty amount, was read as substantive statutory benefit. The requirement to file a declaration under Section 125 and Rule 3 was treated as procedural, so the co-noticees' failure to file separate declarations did not defeat their entitlement. The penalty was therefore set aside. en-us Thu, 11 Jan 2024 00:00:00 +0530 Thu, 18 Jan 2024 08:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448372 Penalty on co-noticees under Rules 26 and 27 of the Central Excise Rules, 2002 was treated as not sustainable where the main noticee had settled the dispute under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. The Scheme's relief for tax dues, and for penalty-only matters the full penalty amount, was read as substantive statutory benefit. The requirement to file a declaration under Section 125 and Rule 3 was treated as procedural, so the co-noticees' failure to file separate declarations did not defeat their entitlement. The penalty was therefore set aside. Case-Laws Central Excise Thu, 11 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448372