( 1 ) THE petitioner company imported 13. 500 M. T. of RBD Palm Oil from foreign suppliers. The import of RBD Palm Oil was allowed under open general licence by Import Trade Control Public Notice No. 64 ITC (Pandb)/78 issued by Ministry of Commerce, Civil Supplies E and Cooperation, Govt. of India on September 2, 1978. Bills of entry for the total quantity of Palm Oil were duly presented to the authorities after the ship entered Bombay Port. The oil in question was contained in stainless steel drums. The proper officer cleared the goods after physical checking and satisfying himself that the import of goods was not prohibited under section 47 of the Customs Act. There was no restriction, at the time of the import, that Edible Oil should be imported only in a particular type of drum or container. The drum or container could be of steel or iron as REFERRED TO to inserial No. 73-23 of the First Schedule to the Import Control Order. "stainless Steel" is included in the expression "steel", in the said entry. The drums were brought at the Ghaziabad factory of the company and after unpacking the ,oil they were disposed of by the petitioner. company in the normal course of busines