COMMISSIONER OF CUSTOMS, CALCUTTA vs G.C. JAIN

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 found that BAM, although initially classified as an organic chemical, possesses adhesive properties upon polymerisation, thus justifying its import under advance licenses for adhesives. The appeal by the Revenue was dismissed, affirming the Tribunal's order to set aside the customs duty demand.