1988 (8) TMI 290 - AT - Central Excise

Summary

The appeal was against the rejection of a Gold Dealer's Licence renewal application due to low turnover. The tribunal ruled in favor of the appellant, stating that the turnover requirement should be based on the period prior to receiving the license, not a truncated period. The authorities erred in applying the rule and the renewal application should be reconsidered without reference to the turnover rule. The Deputy Collector was directed to resolve the matter within three months.