CESTAT Waives Penalties for Reliance Stainless Steel and Co-Noticees, Grants Relief under SVLDRS-2019 Scheme [Read Order]

The bench noted since the main party's case had been settled under the scheme, the continuation of penalties against the co-noticees was inconsistent with the scheme's objectives
CESTAT - CESTAT Ahmedabad - Penalty waives for Reliance Stainless Steel - TAXSCAN

The Ahmedabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to Reliance Stainless Steel and other co-noticees under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS-2019), waiving penalties imposed on them. The case involved appeals filed by Reliance Stainless Steel, M K Steel Centre, and Mahendra R Shah, the…

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