Retrospective effect of Board guidelines affirmed: duty set-off instructions for MEG to polyester manufacturers apply to pending cases. The Board's 23-11-1987 guidelines permitting set-off of duty on MEG for PSY/RFY manufacturers without captive poly-condensation plants are clarificatory and may be given retrospective effect. The North Zone Conference held they could apply retrospectively; the Board agreed and directed that pending cases be finalised accordingly and that the clarification be communicated to field formations and trade.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Retrospective effect of Board guidelines affirmed: duty set-off instructions for MEG to polyester manufacturers apply to pending cases.
The Board's 23-11-1987 guidelines permitting set-off of duty on MEG for PSY/RFY manufacturers without captive poly-condensation plants are clarificatory and may be given retrospective effect. The North Zone Conference held they could apply retrospectively; the Board agreed and directed that pending cases be finalised accordingly and that the clarification be communicated to field formations and trade.
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