https://www.taxtmi.com/caselaws?id=82144 The Tribunal upheld the company's refund claim for Customs duty on confiscated trawlers, ruling that Section 27(5) of the Customs Act, 1962 applied retroactively to allow the refund. Despite the Collector's argument that the section was inserted post the refund claim, the Tribunal found it independent of Section 27(1) and applicable to the case. Emphasizing the law in force at the time of the order, the Tribunal dismissed the Collector's Reference Application, affirming the company's entitlement to the refund under Section 27(5). en-us Wed, 09 Sep 1992 00:00:00 +0530 Sat, 02 Jul 2011 12:16:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82144 The Tribunal upheld the company's refund claim for Customs duty on confiscated trawlers, ruling that Section 27(5) of the Customs Act, 1962 applied retroactively to allow the refund. Despite the Collector's argument that the section was inserted post the refund claim, the Tribunal found it independent of Section 27(1) and applicable to the case. Emphasizing the law in force at the time of the order, the Tribunal dismissed the Collector's Reference Application, affirming the company's entitlement to the refund under Section 27(5). Case-Laws Customs Wed, 09 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82144