2009 (4) TMI 592
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Sudha Koka, SDR, for the Respondent. [Order per : T.K. Jayaraman, Member (T) (Oral)]. - In terms of the impugned order, the applicants are required to pre-deposit the following amounts : (i) Duty: Rs. 1,04,42,556/- (ii) Interest under Section 28AB of the Customs Act, 1962 (iii) Penalty: Rs. 15,00,000/- under Section ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ar item viz. Crude Palm Oil, the benefit was given. 5. The learned Departmental representative stated that the applicant had imported crude palm oil and the same cannot be used directly in the manufacture of biscuits. Therefore, under the said DFRC Licence, this item is not permissible. 6. On a very careful consideration of the issue, we find that in terms of the DGFT clarification....
TaxTMI