1991 (2) TMI 254

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....espondent. [Order per: S. K. Bhatnagar, Member (T)]. - This is a stay application filed with reference to the order in appeal passed by the Collector of Customs (Appeals) by his order dated 24-9-1990. 2. The learned counsel stated that they had filed licence bond to produce a valid licence after clearance. However, the licences could not be produced subsequently as the same had been lost ....

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.... the Bench the learned counsel admitted that they have not produced the relevant licences till date although in terms of the bond they were required to do so prior to 19-8-1988. He further confirmed in response to a further query that the goods had been cleared without payment of duty after giving this bond. 8. We have heard the submissions of both the sides. 9. We find that the appellants h....