2001 (3) TMI 630 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appeal filed by J.K. Group of Industries. The Tribunal held that the duty liability for imported goods cleared by Forge & Forge Limited should be recovered from the importer, not the appellant who transferred the advance licenses. The order demanding duty from the appellant and imposing penalty was deemed illegal. The appeal was allowed and the impugned order was set aside.