2004 (4) TMI 421

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... In this appeal which has been directed against order-in-appeal, the issue relates to the imposition of redemption fine to the tune of Rs. 50,000/- on the appellants by the Commissioner (Appeals). The learned Counsel has very vehemently contended that after the settlement of the duty liability of the appellants under the KVSS, no redemption fine could be imposed on the appellants, especially .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ermitted the adjudicating authority, to take action against the appellants, in respect of other matters excepting the duty liability, the redemption fine in my view has been rightly imposed. The above said Trade Notice and the Board s Circular heavily relied upon by the Counsel, are of, in fact, no avail to the appellants as therein the relief to an assessee on payment of pay 50% of the duty, in r .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X