Commissioner Of Customs, Calcutta vs G.C. Jain & Anr

The Supreme Court upheld the decision of the Customs, Excise and Gold (Control) Appellate Tribunal, which ruled that Butyl Acrylate Monomer (BAM) qualifies as an adhesive under the relevant customs notifications, specifically Notification Nos. 203/92 and 79/95. The Court emphasized that BAM, while not adhesive in its monomer form, becomes an adhesive upon polymerization, thus justifying the use of advance licenses for its import. The appeal by the Revenue was dismissed, affirming the Tribunal's finding that the classification of BAM was appropriate under the DEEC scheme.