1993 (6) TMI 78
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....ters and manufacturers of man-made fibres. In the course of the business, the petitioners imported two consignments of Cashmilon Brand Acrylic fibre. The customs duty is leviable on the imported item under Heading 56.01/04 of the First Schedule to the Customs Tariff Act, 1975. The rate of duty payable in respect of items covered by Entry 56.01 /04 is 140%. By notification dated March 1, 1983 issue....
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....tured from acrylonitrile produced in India." 2. The petitioners claim that in view of the notification, the consignments imported are liable to a maximum duty of customs upto the extent of 100% ad valorem. The claim was not accepted by the Customs authorities and that gave rise to the filing of the present petition under Article 226 of the Constitution of India. Though the petition raises other....
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