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1998 (4) TMI 365
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....owri Shankar, Member (T)]. - Appellant in pursuance of an order placed by it opened a letter credit on 16-7-1992 for import of parts of photographic camera. Prior to 30-6-1992 import of such parts was under Open General Licence (OGL). By notification issued on 30-6-1992 the Director General of Foreign Trade extended the definition of "consumer durables" occurring in the policy so as to incl....