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1999 (9) TMI 900

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...., for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. -  The Commissioner of Central Excise has confirmed duty demand of Rs. 45,68,798/- and Rs. 29,77,843.70 P. on clearances of two bulk drugs namely Cephalexin Monohydrate and Cefaclor cleared on payment of duty at the rate of 10% ad valorem under Notification No. 6/94, dated 1-3-94 (in terms of Sl. No. 6 of the table annexed ....

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.... raised by a show cause notices dated 17-7-95 and 18-7-95 which also proposed imposition of penalty. The Adjudicating authority confirmed the demand and also imposed a penalty of Rs. 2 lakhs and Rs. 1 lakh respectively on the appellants. Hence these appeals. 2. We have heard Shri Lalit Arora, Manager, Financial Services for the appellants and Shri S.K. Das, learned DR for the Revenue. The co....