2016 (11) TMI 1139

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....ders of the appellate authority dt.10.05.2013. The adjudicating authority confirmed the demand of interest in terms of Notification No.110/95 dt. 05.06.1995 of the Customs Act, 1962 which has been set aside by learned Commissioner (Appeals). Hence the present appeal filed by Revenue. 2. Ld. A.R on behalf of Revenue submits that the respondent M/s.Gold Star Apparels Ltd. Imported under EPCG Scheme....

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....0/95. 2.1 He submits that the order of appellate authority observing that demand of interest is time-barred is erroneous as the issue was taken up back in 1998 itself by way of issuing letter dt. 07.12.98 to the importer followed by issuance of show cause notice cum demand notice on 18.09.2001. Ld. AR submits that the bond executed by them was not cancelled and there is no time limit prescribed f....

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....in this case as the period of dispute is between 31.10.95 to 27.5.96 when Finance Bill 2003 was introduced. He therefore pleaded that order of learned Commissioner (Appeals) may be set aside and the order in original may be restored, by allowing the appeal. 3. None appeared for the respondent despite several notices. It is seen from the record that the respondent did not appear in earlier proceed....