2002 (4) TMI 147 - AT - Central Excise

Summary

The appeal challenged the dismissal of the appeal by the Commissioner (Appeals) regarding the import of spare parts marked as "Inverter" but restricted as "frequency converter." The DGFT issued a license for regularizing the import made in 1997. The Appellate Tribunal found the Commissioner's order wrong, stating that once a license is issued by the Competent Authority, the import cannot be negated. The impugned order was set aside, and the appeal was allowed.