2010 (4) TMI 284

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....h, Advocate for The Petitioner. Mr. Gurpreet Singh, Sr.Standing Counsel for The Respondent. ASHUTOSH MOHUNTA, J.(ORAL) The assessee-appellant has impugned the order dated 12.8.2009, passed by the Customs, Excise & Service Tax Tribunal (for short 'the Tribunal') vide which it has been held that penalty has rightly been imposed upon the appellant and the period of limitation would not be attracte....

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...., Chandigarh vs. Hari Concast (P) Ltd., reported as 2009 (242) ELT 12 (P&H), wherein it has been held that if no statutory period of limitation has been prescribed then the proceedings for imposition of penalty should be initiated not later than 5 years. Similar view was taken in CWP No.7123 of 2005, titled as M/s Tara Chand Sham Lal vs. State of Punjab and others, decided on 16.9.2009. On the ot....