2008 (1) TMI 1009

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Singh ORDER R.N. Poddar, Member. 1-2. This appeal is directed against adjudication order No. ADJ-I30/B/AAO/AD/04, dated 24-2-2004 passed by Additional Commissioner of Central Excise acted as Adjudicating Officer imposing penalty of Rs.  8,84,52,000 on the appellant-company for the reason of failure to furnish evidentiary proof of imports in utilization of foreign exchange acquired an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... appellant checked up its old records and found that it had submitted the original exchange control copy of bill of entry to authorized dealer, i.e., M/s. Dena Bank vide its letter dated 12-6-1997. As neither the show-cause notice nor the notice of personal hearing could be received by the appellant as the appellant had shifted its office from Dharmjyoti Building, Kazi Syed Street, Mumbai to its p....