CESTAT quashes penalty order – As non-director was treated as director in order

Unnati Alloys Pvt Ltd. Vs C.C.E. & S.T. (CESTAT Ahmedabad) Shri Jitendra Singh, Learned Counsel along with Ms. Reena Rawat, Advocate appeared for the appellants and he submits that as per the impugned order there is no independent finding against the appellants and the adjudicating authority has directly imposed the penalty without giving any reasoning. Therefore, the order imposing penalty on the appellants is not sustainable. He further submits that penalty on Shri Amit Gupta was imposed solely considering him as the director of M/s. Unnati Alloys Pvt. Ltd whereas in fact Shri Amit Gupta...