1991 (2) TMI 162 - CGOVT - Customs

Summary

The revision application by M/s. India Steamship Company Ltd. was granted due to lack of conclusive evidence regarding shortage of goods, setting aside the penalty imposed under Section 116 of the Customs Act. The decision was based on the delay in conducting a survey after goods were discharged, leading to uncertainty about when the shortage occurred. The judgment cited the need for immediate surveys after goods are discharged to claim refunds for short-landed goods.