2009 (2) TMI 580 - AT - Customs

Summary

The issue in the case is whether the Degummed Rapeseed oil imported by the appellant is eligible for exemption. The appellant was nominated by the Government of India to import the oil as a gift, sold it in the local market, and handed over the sales proceeds to WFP. The Tribunal finds in favor of the appellant, waives pre-deposit, and allows the stay petition unconditionally due to the appellant being a Public Sector Undertaking and acting as a nominee of the Government of India. The appeal is fixed for final hearing on 8-4-09.