2009 (11) TMI 314

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..... registered dealer. Appellant not fall under any of the categories. Penalty under Rule 25 set aside. Redemption fine- M.S. ingots valued at over Rs. 12 lakh. Confiscation from buyer as clearance without invoice admitted by supplier. No reason to interfere with quantum of redemption fine. - E/511/2008/MAS - 1783/2009 - Dated:- 23-11-2009 - Ms. Jyoti Balasundaram, Vice-President Shri K .....

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..... Rule 25 is applicable to producer, manufacturer, registered person of a warehouse or registered dealer while the appellant herein does not fall under any of the four categories above mentioned, which alone are covered by Rule 25. I, therefore, set aside the penalty. The appeal is thus partly allowed by upholding the fine but set aside the penalty. (Order dictated and pronounced in open Court) - .....

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