https://www.taxtmi.com/caselaws?id=782593 Crude rice bran oil imported for refining and eventual edible use was treated as eligible for customs exemption because the relevant tariff entry and Chapter 15 clarification focused on suitability for edible use after processing, not only at import. The oil's acid value at import was not decisive where the record showed later use for human consumption after refining, and the contemporaneous circulars supported that interpretation. On the same facts, the duty demand could not survive once exemption applied, and extended limitation was unavailable because suppression or wilful misstatement was not established. Interest and penalty also fell with the unsustainable duty demand. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782593 Crude rice bran oil imported for refining and eventual edible use was treated as eligible for customs exemption because the relevant tariff entry and Chapter 15 clarification focused on suitability for edible use after processing, not only at import. The oil's acid value at import was not decisive where the record showed later use for human consumption after refining, and the contemporaneous circulars supported that interpretation. On the same facts, the duty demand could not survive once exemption applied, and extended limitation was unavailable because suppression or wilful misstatement was not established. Interest and penalty also fell with the unsustainable duty demand. Case-Laws Customs Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782593