https://www.taxtmi.com/caselaws?id=125477 The Appellate Tribunal CESTAT, BANGALORE directed the applicants to pre-deposit substantial amounts for duty, penalty, and redemption fine. The Tribunal addressed discrepancies in the imported item description compared to the DFRC Licence and interpreted a DGFT clarification on the use of palm oil in biscuit manufacturing. Ultimately, the Tribunal leaned towards waiving the pre-deposit of dues, considering palm oil as an input for biscuit manufacturing and the absence of an actual user condition in transferable licenses. The appeal was scheduled for further hearing on 21st July 2009. en-us Fri, 03 Apr 2009 00:00:00 +0530 Thu, 25 Oct 2012 15:38:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125477 The Appellate Tribunal CESTAT, BANGALORE directed the applicants to pre-deposit substantial amounts for duty, penalty, and redemption fine. The Tribunal addressed discrepancies in the imported item description compared to the DFRC Licence and interpreted a DGFT clarification on the use of palm oil in biscuit manufacturing. Ultimately, the Tribunal leaned towards waiving the pre-deposit of dues, considering palm oil as an input for biscuit manufacturing and the absence of an actual user condition in transferable licenses. The appeal was scheduled for further hearing on 21st July 2009. Case-Laws Customs Fri, 03 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125477