MISHRA, J

This appeal, under Clause 15 of the Letters Patent of this Court, is directed against the judgment of Kanakaraj, J., in W.P. No. 3880 of 1991. The petitioner/appellant is the company engaged in importing of stainless steel melting scrap. It has got L-4 licence under the Central Excises and Salt Act, 1944 for manufacturing ingots after melting such imported stainless scrap. In or about February, 1991, according to the petitioner/appellant, its Managing Director contacted one Ashinkumar Kamdar, who was known as Indentor as well as Import Consultant in the field of iron and steel and other allied products, and informed him that the petitioner/appellant company would like to import stainless steel scrap at a competitive price. Kamdar suggested to import such scrap materials and also promised to help in securing materials. Thereupon, Kamdar floated enquiries and procured an officer from an exporter of Singapore by name K. Ramanlal & Co., Private Limited. Accordingly, it is said that 500 metric tonnes of stainless steel scrap, were agreed to be supplied by K. Ramanlal & Co. Private , Limited of Singapore, who offered to ship 120 metric tonnes out of which, 90 metric