2022 (2) TMI 1282 - HC - Central Excise

Levy of penalty imposed on the directors of the company owning the manufacturing unit for perceived evasion of excise duty - HELD THAT - The orders of penalty imposed on the present appellants stand set aside and these matters are also remanded for a fresh consideration by the Appellate Tribunal upon answering the issues indicated in the order pertaining to Central Excise Appeal No.4 of 2019. Application disposed off.

Summary

The High Court of Meghalaya allowed the manufacturer's appeal, setting aside the penalty imposed on the directors for evasion of excise duty. The matter is remanded for fresh consideration by the Appellate Tribunal. Central Excise Appeal No.4 of 2019 is relevant. Other related appeals are disposed of with no costs ordered.