Bombay HC Aids Patanjali in Saving Rs.62 Lakh in Customs Duty Just Before Tariff Hike

The Bombay High Court ruled in favor of Patanjali Foods, allowing the company to avoid paying a Rs. 62 lakh customs duty by completing their customs clearance just before a tariff hike. The Court annulled the reassessment of customs duty and instructed Patanjali to submit a refund application, ultimately leading to significant savings for the company.