Retrospective application of amendment to rule 9A(5) confirms duty is based on rate at show-cause notice issuance. The amendment to rule 9A(5) is to be applied retrospectively; the relevant date for computing recoverable duty is the date of issuance of the show cause ... Summary
Retrospective application of amendment to rule 9A(5) confirms duty is based on rate at show-cause notice issuance.
The amendment to rule 9A(5) is to be applied retrospectively; the relevant date for computing recoverable duty is the date of issuance of the show cause notice or demand, and duty must be calculated at the rate prevailing on that date rather than at any subsequently reduced or nil rate.
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