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2001 (6) TMI 4 - GUJARAT HIGH COURTKar Vivad Samadhan Scheme - The show-cause notice dated July 16, 1997, was issued to the company as well as its directors demanding the duty and it was also proposed to impose penalties. The replies had been filed to this notice and the proceedings were pending till September 1, 1998, when the Kar Vivad Samadhan Scheme was introduced. Under this Kar Vivad Samadhan Scheme, 1998, which came into force on September 1, 1998, the declarations were to be made on or before December 31, 1998. Under the said scheme, the company settled the matter and the settlement became final with the payment of 50 per cent. of the tax as envisaged by the Scheme itself. However, the declarations made on behalf of the directors and others, i.e., co-noticees, were not accepted and the order was passed on October 30, 1998, against them. Thereafter, an order was passed on November 30, 1998, imposing penalties on the directors and others.
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