CESTAT Set Aside Penalty on Co-Noticees Due to Settlement by Main Noticee Under SVLDRS

Salasar Ispat Pvt. Ltd. Vs Commissioner of CGST & Central Excise (CESTAT Mumbai) The CESTAT Mumbai considered appeals involving penalties imposed on co-noticees under Rule 26 of the Central Excise Rules, 2002, arising from proceedings against a main noticee. The main noticee had settled the entire dispute under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDR Scheme), and obtained a discharge certificate upon payment of the determined tax dues. Consequently, the appeal of the main noticee had already been disposed of by the Tribunal. The co-noticees challenged the continua...