https://www.taxtmi.com/caselaws?id=112976 The Tribunal upheld the imposition of a redemption fine of Rs. 40,000 on the appellants after settling duty liability under the KVSS. While the duty liability was resolved through KVSS, the liability for redemption fine was deemed separate and not precluded by the settlement. The Tribunal reduced the fine from Rs. 50,000 to Rs. 40,000 but affirmed the Commissioner (Appeals) order in all other respects, finding no illegality. en-us Fri, 02 Apr 2004 00:00:00 +0530 Thu, 03 May 2012 11:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112976 The Tribunal upheld the imposition of a redemption fine of Rs. 40,000 on the appellants after settling duty liability under the KVSS. While the duty liability was resolved through KVSS, the liability for redemption fine was deemed separate and not precluded by the settlement. The Tribunal reduced the fine from Rs. 50,000 to Rs. 40,000 but affirmed the Commissioner (Appeals) order in all other respects, finding no illegality. Case-Laws Central Excise Fri, 02 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112976