Financial Daily from THE HINDU group of publications
Thursday, Nov 11, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Steel


Scrap importers' plea dismissed

K.C. Gopakumar

Kochi , Nov. 10

THE Kerala High Court on Wednesday dismissed a writ petition filed by the Steel Manufacturers' Association of Kerala and importers of scrap metals challenging the order of the customs authorities requiring the importers of scrap metals to subject the entire consignment to checking by the customs at the customs areas itself.

The customs authorities also directed the importers to follow the "re-warehousing procedure." As per the procedure, the importers would have to construct a warehouse in their facility and get it notified as their personal warehouse.

The petitioners contended that the customs authorities were not competent to prescribe such procedures. According to them, only the Director General of Foreign Trade had the power to issue the procedure.

Dismissing the petition, Mr Justice K. Balakrishnan Nair said that the customs authorities were competent to lay down the procedure in order to ensure that no goods were smuggled in and that no arms and ammunition and other contraband goods were imported under the guise of importing scrap metal.

The court made it clear that the court's order would not stand in the way of the petitioners approaching the competent authorities to modify the procedure for reducing their inconvenience.

More Stories on : Steel | Kerala | Courts/Legal Issues

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
`Demand for cement poised to grow'


Excise exemption for new units in Kutch extended by one year
Indo-Thai pact a `win-win' situation
Indo-Bangla informal trade cause for concern: FICCI
Ranbaxy withdrawal of drugs worries Health Ministry
Biocon launches bio insulin
Kelkar to head CII task force on healthcare
Diabetes awareness walk on Sunday
World Diabetes Day
Star status for Kerala restaurants
Kerala Cabinet okays one-time funding of sick PSUs
Govt will encourage PSUs to go global for capital formation: Chidambaram
Drug withdrawal may impact generic cos
Vizag steel plant is a Gandhian's dream come true, says CMD
Scrap importers' plea dismissed
Sisspa seeks removal of spindle norm for TUFS
Huge potential seen for technical textiles
Travel sector faces lodging hurdle
B-schools begin to take up commodities
MINDS scouting for corporate partners
HSBC to aid schools for poor children
Microsoft unveils award for innovative teaching
Round-the-clock car breakdown service in Hyderabad
Fermented food is recipe for good health: Researcher
Chennai, Pune turn real estate hot spots
`Transfer of ownership of disputed trademark invalid'
$85-m World Bank loan for Orissa
Kerala: Directive on Citizens Charter
Meet on boiler engineering at Kochi
Oilmeal exports likely to fall on global glut
Co-op week celebrations in Dakshina Kannada Dist
Poor air-connectivity to Kerala proves a dampener
Russian honour for Keralite



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line