Patanjali Foods Limited, formerly known as Ruchi Soya Industries Limited, filed an application (IA No. 1018/2023) in the Corporate Insolvency Resolution Process (CIRP) of Ruchi Soya Industries Limited, seeking to quash or set aside an order dated 21.11.2022 passed by the Additional Commissioner of Customs, Kandla, which raised a demand against the applicant related to a period prior to the approval of the resolution plan. The applicant had deposited Rs.95,21,009/- under protest towards the drawback amount and interest. The respondents conducted investigations in 2009-2010 alleging that the applicant had availed duty drawback on exported Soyabean De-Oiled Cake (DOC) manufactured using hexane procured without payment of central excise duty. A show cause notice was issued
…Patanjali Foods Limited (formerly Ruchi Soya Industries Limited) filed an application against the Additional Commissioner of Customs, Kandla, and Anr. The case concerns a demand raised by the Additional Commissioner of Customs against Patanjali Foods related to a period before the approval of its resolution plan under the CIRP. The applicant is engaged in exporting agriculture products, including Soyabean De-Oiled Cake (DOC), and had exported DOC from Kandla Port, claiming drawback benefits. In 2009-2010, the respondents investigated the applicant, alleging that the DOC was manufactured using hexane procured without paying central excise duty, thus making the drawback claim inadmissible. The applicant deposited Rs.95,21,009/- under protest. A show cause notice was
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Respondents conducted investigation and issued…
Applicant deposited two…
Patanjali Foods Limited, formerly known as Ruchi Soya Industries Limited, filed an application (IA No. 1018/2023) in the Corporate Insolvency Resolution Process (CIRP) of Ruchi Soya Industries Limited, seeking to quash or set aside an order dated 21.11.2022 passed by the Additional Commissioner of Customs, Kandla, which raised a demand against the applicant related to a period prior to the approval of the resolution plan. The applicant had deposited Rs.95,21,009/- under protest towards the drawback amount and interest. The respondents conducted investigations in 2009-2010 alleging that the applicant had availed duty drawback on exported Soyabean De-Oiled Cake (DOC) manufactured using hexane procured without payment of central excise duty. A show cause notice was issued
…Patanjali Foods Limited (formerly Ruchi Soya Industries Limited) filed an application against the Additional Commissioner of Customs, Kandla, and Anr. The case concerns a demand raised by the Additional Commissioner of Customs against Patanjali Foods related to a period before the approval of its resolution plan under the CIRP. The applicant is engaged in exporting agriculture products, including Soyabean De-Oiled Cake (DOC), and had exported DOC from Kandla Port, claiming drawback benefits. In 2009-2010, the respondents investigated the applicant, alleging that the DOC was manufactured using hexane procured without paying central excise duty, thus making the drawback claim inadmissible. The applicant deposited Rs.95,21,009/- under protest. A show cause notice was
…Respondents conducted investigation and issued…
Applicant deposited two…