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2000 (7) TMI 435

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..... J.H. Joglekar, Member (T)]. In the impugned order, the Commissioner of Customs confirmed demand of Rs. 2,03,11,672 against M/s. WIMCO Ltd. He imposed penalty of Rs. 2 crores on M/s. WIMCO and of Rs. 1.00 crore on Shri Jatia, Vice Chairman of M/s. WIMCO. He also imposed a penalty of Rs. 50 lakhs on Shri Gaurang Mehta, the appellant before us. Shri Mehta then filed an appeal. M/s. WIMCO and Sh .....

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..... SS. Declaration of Wimco has been accpeted. In view of Tada Circular, the petitioner is a co-noticee and in view of payment by Wimco, the proceedings instituted by the Department will come to an end. Accordingly, Writ Petition is disposed of. However, petitioner will produce this order before CEGAT so that appropriate orders could be passed in pending appeal. 2. The trade notice referred to was .....

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..... a clarified that no civil proceedings for imposition of fine or penalty shall be proceeded with against the co-noticees and in such cases the settlement in favour of the declarant under the Scheme shall be deemed to be full and final in respect of other persons also on whom show cause notices were issued on the same matter. 3. After this Judgment was submitted to this Tribunal on two occasions .....

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