9911796707
TMI Blog2018 (8) TMI 888X X X X Extracts X X X X X X X X Extracts X X X X ..... d cannot be fastened liability on the successor - the recovery of penalty from M/s. Havells India Limited. set aside. - Appeal No. E/953/2012 - A/62545/2018-EX[DB] - Dated:- 17-7-2018 - Mr. Ashok Jindal, Member (Judicial) And Mr. Devender Singh, Member (Technical) Present for the Appellant: Shri J.P. Kaushik, Advocate Present for the Respondent: Shri H. Singh, AR ORDER PER ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd Electricals Ltd. as a juristic person/legal entity stood dissolved, upon the scheme approved by the Hon ble Delhi High Court coming into effect. The dissolution of the company puts an end to the existence of the company. We note that the Central Excise duty liability is linked to the goods manufactured and cleared. The penalty is on person - juristic or natural. 7. Considering the above di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... end to the existence of the company. We note that the Central Excise duty liability is linked to the goods manufactured and cleared. The penalty is on person - juristic or natural. 3. The reference has been answered by the larger bench of this Tribunal holding that the appellant company has been dissolved and the penalty is on a person. Admittedly, the appellant was juristic person and on juri ..... X X X X Extracts X X X X X X X X Extracts X X X X
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