TMI Blog2019 (3) TMI 664X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... frequent travelling to Mumbai to pursue their cases. Learned Counsel for appellants/ applicants submitted that considering the fact that acceptances of such an order of penalty would adversely affect their export credibility, they decided to file the appeal at a later stage though penalty was below 2 lakhs in ease case, which is prescribed as a pecuniary limited to filed an appeal before the appe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... penalty amount is below ₹ 2 lakhs which provides a right to appeal to the aggrieved party. 3. Having regard to the submissions, affidavit and factual backdrop of the case, it is found 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 indi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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