1999 (4) TMI 561

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....r the Respondent. [Order per : Gowri Shankar, Member (T)]. - Applications are for waiver of deposit of duty of Rs. 22.05 lakhs by M/s. Ishaan Exports, Rs. 20.35 lakhs by M/s. Ashee Exports and penalty of Rs. 1,00,00,000/- by Suresh Agarwal. 2.  Applicants are absent and unrepresented. We have perused the stay applications. 3.  Advance licences were issued to M/s. Ishaan Expor....

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....ed for the forgery of documents and others, demanding duty and imposing penalty. The order of the Commissioner adjudicated on these notices and demanded duty, and imposed penalties the deposit of which is sought to be waived. The Commissioner has held Ishaan and Ashee to be the importers of the goods, and demanded duty from them. 4.  We have heard the Departmental Representative. 5.&ems....

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....ty of the licensee pending clearance of the Customs, would, in cases of transfer of the licences refer to the transferee of the licensee and not the person who was originally granted the licence. At the same time, we note that the licences have been cancelled as having been obtained by fraud. We have also taken note of the order passed by us on a similar issue in Stay Applications C/2194/98 and 21....