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2019 (3) TMI 664 - AT - Central ExciseImposition of penalty - applicants submitted that considering the fact that acceptances of such an order of penalty would adversely affect their export credibility - Held that:- Commissioner of CGST and Central Excise had confirmed duty demand of more than 14 crores alongwith interest and penalty against the original company M/s. HP International and imposed penalty on the individuals, including these three applicants vide his order dated 07.06.2018. It is stated that the said company had already preferred appeal in the CESTAT. This being so that could affect the credit reading as exporters, there is a justifiable ground to accept the appeal in which penalty of less than 2 lakhs of rupees is imposed. Appeals be admitted for hearing if cost is paid within 30 days hence.
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