https://www.taxtmi.com/caselaws?id=42570 The Court held that the writ petitions were maintainable despite the availability of an alternative remedy before the Tribunal. It determined that blanched and roasted peanuts are distinct from groundnut kernels under the Customs Tariff Act, entitling the petitioners to a refund of export duty. The Court emphasized interpreting fiscal statutes based on commercial understanding, leading to the cancellation of bank guarantees and personal bonds. Ultimately, the writ petitions were allowed, impugned orders quashed, and no costs were awarded. en-us Fri, 07 Oct 1988 00:00:00 +0530 Sat, 12 Jun 2010 10:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42570 The Court held that the writ petitions were maintainable despite the availability of an alternative remedy before the Tribunal. It determined that blanched and roasted peanuts are distinct from groundnut kernels under the Customs Tariff Act, entitling the petitioners to a refund of export duty. The Court emphasized interpreting fiscal statutes based on commercial understanding, leading to the cancellation of bank guarantees and personal bonds. Ultimately, the writ petitions were allowed, impugned orders quashed, and no costs were awarded. Case-Laws Customs Fri, 07 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42570