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Customs - Highlights / Catch Notes

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Misuse of the Special scheme to promote export - some benefits ...


Court Rules EXIM Policy Benefits Revocation Cannot Be Retrospective; Effective Only From Issue Dates of Notifications.

April 12, 2021

Case Laws     Customs     HC

Misuse of the Special scheme to promote export - some benefits which had already accrued to exporters under the EXIM Policy were taken away. - Notification No. 48/2005 dated February 20, 2006 and Notification No. 8/2006 dated June 12, 2006 cannot be applied retrospectively and they would be effective only from the dates they were issued. - HC

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