Import of PVC Regrind not restricted under Foreign Trade Policy

Akshaya Steels Vs Commissioner of Customs (CESTAT Chennai) CESTAT Chennai held that that the PVC Regrind is a single thermoplastic material and cannot be classified as waste/scrap. Thus, import of PVC Regrind is not restricted under Foreign Trade Policy. Facts- The issue involved herein is that the consignment was asserted to be PVC Regrind and it is alleged that the importation of which was prohibited/restricted in terms of Public Notice [PN for short] No.392(PN) 92-97 dated 01.01.1997. After considering the explanation/written submissions filed by the importer, the Original Authority rejecte...