2001 (6) TMI 331

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....ay Silk Mills Ltd. (hereinafter called Orkay) imported Polyester Chips declaring them to be of Yugoslavian origin and claiming concessional rate of duty. The goods were allowed provisional clearance at the concessional rate of duty. Subsequent investigation showed that the goods were of Italian origin and were in fact loaded at a Port in Italy. Show cause notice dated 24-10-1986 was, therefore, issued seeking recovery of differential duty amounting to Rs. 1,06,53,744/- and seeking imposition of penalties upon M/s. Orkay Silk Mills Ltd., their Chairman, Managing Director and other Directors as well as on M/s. Shipping Corporation of India and M/s. H. Saleix & Co. M/s. H. Saleix & Co. was the indenting agent and the Shipping Corporation of In....

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....is point. 3. The ld. DR at the outset was asked whether any permission had been obtained by the Revenue to pursue the appeal filed against the Shipping Corporation of India. The Minutes of the Meeting of the Empowered Committee dated 11-8-1997 as recorded by the Cabinet Secretary were placed before us and we are satisfied that the requisite clearance had been obtained to pursue the appeal. We have also seen the application for condonation of delay in filing of the supplementary appeals where the initial appeal filed was a joint appeal. We have condoned the delay in filing of the supplementary appeal. 4. The counsels for the Shipping Corporation of India were present. The other respondents were not represented in spite of suf....