https://www.taxtmi.com/caselaws?id=51097 The Tribunal allowed the appeals filed by M/s. Varun Aluminium Industries Ltd., determining that the imported Aluminium Scrap, although having density variations exceeding ISRI code, was suitable for recycling and not subject to confiscation under the Customs Act. The Tribunal emphasized that ISRI codes are flexible guidelines, allowing variations by mutual agreement between buyer and seller. They found that the density differences were due to the foreign supplier's machinery limitations, with both parties accepting the higher density. The Tribunal distinguished this case from previous decisions, highlighting the importance of mutual agreement in determining the suitability of imported goods for further manufacturing. en-us Tue, 15 Jan 2002 00:00:00 +0530 Wed, 22 Sep 2010 16:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51097 The Tribunal allowed the appeals filed by M/s. Varun Aluminium Industries Ltd., determining that the imported Aluminium Scrap, although having density variations exceeding ISRI code, was suitable for recycling and not subject to confiscation under the Customs Act. The Tribunal emphasized that ISRI codes are flexible guidelines, allowing variations by mutual agreement between buyer and seller. They found that the density differences were due to the foreign supplier's machinery limitations, with both parties accepting the higher density. The Tribunal distinguished this case from previous decisions, highlighting the importance of mutual agreement in determining the suitability of imported goods for further manufacturing. Case-Laws Customs Tue, 15 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51097