2026 (5) TMI 196

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....llenging the impugned order dropping the substantial part of the demand made as per the Show Cause Notice (SCN) and also for imposing lesser amount of penalty than the penalty imposed by original authority while adjudicating the issue in the earlier proceedings. 2. The brief facts are the Respondent, M/s Fathima Panels, Ltd., is manufacturing plywood, block boards, etc., Alleging undervaluation, proceedings were initiated and Show Cause Notice (SCN) was also issued on 11.10.2006 for the period from 01.07.2001 to 31.03.2004. A Show Cause Notice (SCN) was also issued to Shri. Abdul Salam, Incharge of M/s. Fathima Pannels Ltd, Shri. J.M Ashraf, Manager of  M/s. Fathima Panels Ltd and Shri. C. Manoj Kumar Ameen, Marketing Executive of M....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed the demand as per the evidences available on record and duty demand was reduced to Rs. 57,514/- and equal penalty was also imposed on appellant under Section 11AC and penalty of Rs. 50,000/- under Rule 25 of the Central Excise Rules, 2002. Similarly, penalty of Rs. 50,000/- each was imposed on other noticees under Rule 26 of the Central Excise Rules, 2002. Aggrieved by said order, dropping the substantial demand present appeal was filed by the Revenue. 4. When the appeal came up for hearing, Learned Authorized Representative (AR) for the Revenue reiterated the findings in the grounds of appeal and submits that against the first Order-in-Original, substantial demand was dropped and further submits that in the similar case of M/s. CERA ....