https://www.taxtmi.com/caselaws?id=48368 The Tribunal upheld the decision to set aside penalties imposed on the respondent-assessee and officers of the Company under Rule 209-A of the Central Excise Rules, 1944. Penalties on the Company were reduced, redemption fine decreased, and confiscation of property deemed unjustified. The demand for excise duty was found unsustainable due to goods being on the premises. The Tribunal ruled that the respondent-assessee lacked the necessary knowledge for penalties under Rule 209-A. The appeal was dismissed, and the notice discharged. en-us Thu, 17 Jul 2008 00:00:00 +0530 Thu, 04 Dec 2014 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48368 The Tribunal upheld the decision to set aside penalties imposed on the respondent-assessee and officers of the Company under Rule 209-A of the Central Excise Rules, 1944. Penalties on the Company were reduced, redemption fine decreased, and confiscation of property deemed unjustified. The demand for excise duty was found unsustainable due to goods being on the premises. The Tribunal ruled that the respondent-assessee lacked the necessary knowledge for penalties under Rule 209-A. The appeal was dismissed, and the notice discharged. Case-Laws Central Excise Thu, 17 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48368