Commr.Of Customs vs M/S Ajay Kumar & Co

The Supreme Court upheld the decision of the Punjab & Haryana High Court and the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which dismissed the appellant's appeal regarding the demand for recovery under Section 28(1) of the Customs Act, 1962. The Court found that the show cause notices did not attribute any infraction to the appellant concerning the original license holder, M/s. Parker Industries, leading to the conclusion that the demand was barred by limitation. The appeal was therefore dismissed, affirming the lower courts' rulings.