Whether outgoing partners liable to pay excise duty assessed against a registered partnership firm, which was dissolved?

Whether outgoing partners are liable to pay excise duty assessed against a registered partnership firm, which was dissolved- The assessment under the Central Excise law in the name of partnership firm will virtually, for all purposes, be assessment of the partners of such firm who will be jointly and severally liable for the duty liability that was incurred during the currency of their partnership venture of manufacturing excisable goods.  The decisions of this Tribunal taking a contrary view are no longer good law and will stand overruled.

CUSTOMS, EXCISE AND SERVICE APPELLATE TRIBUNAL
PRINCIPAL BENCH, NEW DELHI COURT NO.I

Excise  Appeal No. 1568 of 2004
[Arising out of Order-in-Original No. 113/COMMR/CEX/2003 dated 30.12.2003 of the Commissioner of Central Excise and Customs, Indore]

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