This circular states that the matter had been considered pursuant to an appellate order passed in one of the cases relating to the same asses see and it had been decided to fix the formula for arriving at the correlation between rice bran oil on the one hand and hydrogenated rice bran oil or rice bran fatty acid on the other as below: (a) 100 M.T. of hydrogenated = 100 MT of rice bran oil rice bran oil (b) 100 M.T. of Fatty acid = 115 MT of raw rice bran oil The circular refers to the fact that the present assessee (in relation to its Cochin factory) had accepted the above said formula and that the formula as given above was, there fore, "finally fixed in arriving at the rice bran oil con tents of hydrogenated rice bran oil and of rice bran fatty paid for ascertaining the amount of exemption as per notifi cation nos.