2019 (6) TMI 1595

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....RDER None present for the appellant. Heard the learned AR for the Revenue. The matter has been listed on 12.12.2018, 08.02.2019, 15.02.2019 and today i.e. 14.06.2019. The learned AR for the Revenue submits that further adjournment will not yield any result. Accordingly, the same is taken up for disposal. 2. Briefly stated the facts of the case are that on the basis of intelligence and inform....

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....nt appeal by Shri Radheshyam Sarda, Director of M/s B.K. Industries disputing the imposition of penalty on him. 3. In their grounds of appeal, the appellant has challenged the imposition of penalty of Rs. 5.00 lakhs on him submitting that there was no personal involvement by the appellant in the alleged clandestine manufacture and removal of the goods, hence penalty cannot be imposed on him. Al....

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....nsaction also has not suffered Income Tax, which subsequently they have deposited. Therefore, personal penalty has been rightly imposed on the appellant. 5. I have carefully gone through the records of the case and submissions advanced by the learned AR for the Revenue. I find that undisputedly there has been manufacture and clearance of excisable goods clandestinely by M/s B.K. Industries of w....