Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Concessional 20% Duty Applies to Edible Grade Vegetable Oils Including Those Fit After Processing Under Customs Rules</h1> Vegetable oils classified as 'edible grade' under the relevant customs notification include not only oils fit for human consumption upon import but also those that become fit for consumption after further processing. The concessional customs duty of 20% applies to such oils imported in loose or bulk form, excluding coconut oil, RBD palm kernel oil, and palm stearin. This interpretation was confirmed after consultation with multiple government departments, clarifying that duty exemption benefits apply if the imported oils are ultimately used for edible purposes following refining. Pending customs assessments should be finalized accordingly based on this clarification.
TaxTMI 
TaxTMI 
