2001 (9) TMI 535

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..... nt. [Order per : J.H. Joglekar, Member (T)]. The Commissioner II Central Excise Mumbai-I in his order dt. 30-1-96 (OIO No. 5/96) confirmed duty of Rs. 48,14,546.15 against M/s. Collins Co. He imposed penalty of Rs. 65 lakhs on them. He confiscated plant, building etc. but permitted their redemption on payment of fine of Rs. 15 lakhs. In this order he imposed penalties on Shri C.R. Shah .....

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..... f duty payable, of penalty and of fine indicate that the proceedings were related to the case in appeal of M/s. Collins Co. Shri P.S. Kalve relies upon the Trade Notice No. 39/99 dt. 17-12-98 issued by the Commissioner of Central Excise Mumbai IV in which it is said that where the show cause notices were issued to 30-3-98 and where the principal assessees had settled the issue in KVSS, the benef .....

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