Patanjali’s Ruchi Soya Wins 23-Year Customs Battle: Supreme Court orders Refund of Customs Duty Recovered via Bank Guarantee

Patanjali-owned Ruchi Soya Industries has achieved a significant victory in a 23-year-long customs battle before the Supreme Court. The apex court ruled in favor of Ruchi Soya, directing the customs authorities to refund the duty amount that had been recovered from the company via a bank guarantee. The prolonged legal dispute pertained to customs duty liabilities, and the Supreme Court's decision brings finality to the matter, affirming Ruchi Soya's position. This ruling emphasizes the importance of legal due process and the resolution of long-standing tax disputes in favor of taxpayers when merited.