Fraudulent VKGUY & DEPB License Obtainment: CESTAT directs Reconsideration

Hindalco Industries Limited Vs C.C.E-Bharuch (CESTAT Ahmedabad) Introduction: In the appeal case between Hindalco Industries Limited and C.C.E-Bharuch, the appellant had cleared imported goods under forged VKGUY/DEPB licences. Though the appellant paid the custom duty later upon discovery of the forgery, penalties were imposed, which led to this appeal. The CESTAT Ahmedabad decided to remand the case for reconsideration after observing that the initial adjudicating authority did not take into account the customs case adjudication order. Analysis: The case underlines the complexities arising fr...