Manali Petrochemicals Ltd
Manali Petrochemicals Wins Customs Duty Appeal 🏛️
• CESTAT issued final order on March 23, 2026 in favor of Manali Petrochemicals Limited
• Appeal allowed against customs duty demand of Rs. 3.83 crore plus interest from July 2019
• Customs duty demand was related to import classification dispute of Quicklime
• Tribunal upheld company's classification under CTI 2522 1000 instead of CTI 2825 9090
• Decision based on calcium oxide purity of 91%-95% being below 98% threshold for alternative classification
• Customs duty demand set aside entirely by CESTAT
• Company assessing financial impact of writing back provisions made