2002 (10) TMI 188 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Kolkata allowed nine appeals against the Commissioner of Customs' order confirming duty demand of Rs. 16,86,322.00 against M/s. Kitply Industries Ltd. and personal penalties imposed on individuals. The Tribunal held that the appellants were entitled to duty-free importation of goods used as components for manufacturing, similar to a previous case. The Revenue's Reference Application was rejected by the High Court, leading to the Tribunal setting aside the impugned order and allowing all appeals with consequential reliefs.