Per T.K. Jayaraman:

M/s. Paro Food Products, 19-4-280/1, Mir Sagar Village, Mir Alam Tank Road, Rajendranagar Mandal, R.R. District (A.P.), (herein after referred to as 'appellant') are job workers manufacturing biscuits for M/s. Adarsh Industries, Hyderabad. The issue is with regard to the valuation of the goods manufactured by the appellants for the period from 22.11.92 to 31.3.96. The adjudicating authority in the impugned Order No. 4/99 dated 17.1.2000 has confirmed the demand of Rs. 48,46,194/-. Further a penalty of Rs. 15,00,000/- has been imposed under Rule 173Q (1). The plant and machinery of the appellant have been confiscated under Rule 173Q (2). An option to redeem the plant and machinery has been given on payment of fine of Rs. 2,00,000/-. The appellant has strongly challenges the finding of the adjudicating authority.

2. Shri Laxminarayan Goyal, learned Consultant and Shri T. Ramesh, learned Advocate appeared on behalf of the appellants and Shri L. Narasimha Murthy, learned SDR appeared on behalf of the Revenue.

3. The learned Consultant brought to the notice of the Bench that the same issue has been decided by the Assistant Commissioner in his adjudication Order No.