2012 (2) TMI 487

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..... ion 130 of the Customs Act, 1962 (Act, for short) impugns the order dated 3rd June, 2011 passed by the Customs, Excise and Service Tax Appellate Tribunal (tribunal, for short). 2. The impugned order records the contention of the appellant at the time of hearing that the appellant himself was not personally involved and the transaction in question was in fact undertaken by one, Sita Ram Aggarwal .....

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..... ause such licenses get sold to third parties. Considering this aspect the penalty of ₹ 3.00 lakhs imposed is reasonable and does not require interference by this Tribunal. 3. The aforesaid findings are factual and do not merit and require interference. No substantial question of law arises from the aforesaid factual findings. 4. Learned counsel for the appellant, at this stage, sub .....

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