2005 (12) TMI 383

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..... er per : P.G. Chacko, Member (J) (Oral)]. This application filed by the Revenue (appellant) seeks stay of operation of the impugned order passed by the Commissioner (Appeals). The goods imported by the respondents were assessed to duty of Customs on 23-8-99 and duty was paid accordingly and the goods cleared. Subsequently, a show cause notice was issued for enhancing the value of the goods. .....

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..... 2003. Interestingly, both sides rely on Section 47 of the Customs Act, 1962. 2. After hearing both sides, we come to learn that the provision of Section 47 requires to be interpreted in this case. The impugned order setting aside the proposal for levy of interest from the assessee cannot be allowed to remain as a precedent in these circumstances. Accordingly, there will be stay of operation of t .....

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