Terminal gate verification for transshipment containers shifts to operators, while Customs controls and discrepancy reporting requirements remain mand...
The AAR held that, on the presented facts and documentary evidence (FSSAI licence, trademark certificate and test report), the applicant's refined rice bran oil is of edible grade and, notwithstanding its marketing as lamp oil, classification must be governed by the product's composition rather than asserted end-use absent explicit tariff provision. Consequently, the oil, when supplied without additives or admixture of other oils, is classifiable under Tariff Heading 1515 90 40 of the Customs Tariff Act, 1975. The ruling denies reclassification based on commercial description and concludes that Sl. No. 87 of Schedule I to Notification No. 1/2017-Central Tax (Rate) is not applicable to alter this classification.
The AAR held that, on the presented facts and documentary evidence (FSSAI licence, trademark certificate and test report), the applicant's refined rice bran oil is of edible grade and, notwithstanding its marketing as lamp oil, classification must be governed by the product's composition rather than asserted end-use absent explicit tariff provision. Consequently, the oil, when supplied without additives or admixture of other oils, is classifiable under Tariff Heading 1515 90 40 of the Customs Tariff Act, 1975. The ruling denies reclassification based on commercial description and concludes that Sl. No. 87 of Schedule I to Notification No. 1/2017-Central Tax (Rate) is not applicable to alter this classification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4786
Join Channel
TaxTMI 
