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TMI Blog1993 (7) TMI 204X X X X Extracts X X X X X X X X Extracts X X X X ..... mber (T)]. This is an appeal against the order-in-original bearing No. S/10-3A/85C, dated 18-3-1985, ordering confiscation of 2 consignments of styrene Monomer but allowing their redemption on payment of suitable fines. The appellants are letter of authority holder, who have imported the aforesaid consignments for the actual use by M/s. Vipul Dyes Chemicals. M/s. Vipul Dyes Chemicals hold ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he aforesaid objection, the matter was adjudicated and in the impugned order, the goods were ordered confiscation but allowed redemption on payment of fine of Rs. 2,60,000/- in one case and Rs. 1,60,000/- in another case. 2. Shri Srinivasan, the ld. Consultant, appearing for the appellants, pleaded that there is no dispute that monomer is used in the pigment binders, for which they are holding v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Policy provisions make it clear that the goods which are required for the manufacture of the final products as specified in the industrial licence or certificate of registration with the Directorate of Industries could be allowed to be imported and they should be strictly in accordance with such certificate, when import of materials required for the manufacture of the final product would be aut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d cannot be said to be raw material permitted under the import licence. Hence, we are to uphold the order of confiscation. But the circumstances discussed above call for leniency, by treating it as a technical infringement. In this view, we reduce the redemption fine from Rs. 2,60,000 to Rs. 25,000/- (Rupees twenty five thousand only) and from Rs. 1,60,000/- to Rs. 15,000/- (Rupees fifteen thousan ..... X X X X Extracts X X X X X X X X Extracts X X X X
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