2009 (4) TMI 592

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..... espondent. [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 112(a) (iv) Redemption Fine: Rs. 10,00,000/-. 2. We heard both sides. 3. The .....

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..... 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, the palm oil is considered as one of the inputs for the manufacture of biscuits and it is also considered as vegetable fat. .....

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