CESTAT Upholds Nil BCD on ‘Bakery Shortening’ Classification

Ajanta Soya Limited Vs Commissioner of Customs (Imports) (CESTAT Chennai) CESTAT Upholds Nil Rate of BCD on Right Classification of Goods as “Bakery Shortening” Introduction: The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Chennai recently delivered a significant judgment in the case of Ajanta Soya Limited vs. Commissioner of Customs (Imports). The tribunal upheld the claim of the appellant, Ajanta Soya Limited, regarding the nil rate of Basic Customs Duty (BCD) on the correct classification of imported goods as “Bakery Shortening” under Customs Tariff...