2015 (12) TMI 1053 - AT - Central Excise

Imposition of penalty - Assessee issued the invoices to the traders without actually supplying the goods - Held that - Assessee contends that as the Directors of both the registered dealers have been penalties to the extent of ₹ 4500/- and they have not filed any appeals, the penalties on the registered dealers may also be reduced. - penalty is reduced imposed in both the cases to the extent of ₹ 5000 on each. But for the above modification in the quantum of penalties, the appeals are other wise rejected - Decided partly in favour of appellant.

Summary

The Appellate Tribunal CESTAT NEW DELHI reduced penalties imposed on two registered dealers to Rs. 5,000 each for issuing invoices without supplying goods. The directors had already been penalized. The appeals were otherwise rejected.