https://www.taxtmi.com/caselaws?id=761482 CESTAT Ahmedabad held that penalties imposed on co-noticees cannot survive when the main appellant's duty demand case is settled under SVLDRS-2019. The tribunal relied on precedents establishing that the scheme provides penalty waiver for both main assessees and co-noticees once duty demands are settled. Following Division Bench decisions in Anil K Modani and Subhash Panchal cases, which prevail over contradictory Single Member Bench rulings, the penalties on co-noticees were set aside even though they had not filed declarations under SVLDRS-2019. Appeals were allowed. en-us Wed, 06 Nov 2024 00:00:00 +0530 Fri, 08 Nov 2024 12:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761482 CESTAT Ahmedabad held that penalties imposed on co-noticees cannot survive when the main appellant's duty demand case is settled under SVLDRS-2019. The tribunal relied on precedents establishing that the scheme provides penalty waiver for both main assessees and co-noticees once duty demands are settled. Following Division Bench decisions in Anil K Modani and Subhash Panchal cases, which prevail over contradictory Single Member Bench rulings, the penalties on co-noticees were set aside even though they had not filed declarations under SVLDRS-2019. Appeals were allowed. Case-Laws Central Excise Wed, 06 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761482