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Showing contexts for: isri code in Raj Metals & Alloys vs Jaipur I on 29 April, 2024Matching Fragments
38. According to learned counsel, it should have been released on payment of redemption fine. According to learned authorised representative, it was not released on redemption fine because it might be hazardous to the society at large unless imported through a proper licence. We do not find anything in the SCN or the impugned order to show that the imported Thorn was hazardous. The ISRI describes Thorn as follows:
ISRI Code- Thorn Item ALUMINUM BREAKAGE Shall consist of aluminum with miscellaneous contaminants like iron, dirt, plastic and other types of contaminants. Material can either be sold based on aluminum recovery or content as agreed upon by buyer and seller. Must contain a minimum of 33% aluminum unless otherwise agreed upon by buyer and seller.