2010 (4) TMI 284

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... SULLAR. PRESENT: Mr. Sudeep Singh, 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 t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the decision in Commissioner of Central Excise, 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 Punj....