https://www.taxtmi.com/caselaws?id=115123 Debonding clearances made after amendment of the EPCG-related customs notification were assessed at the rate in force on the date of clearance, because the amended notification immediately substituted a 5% ad valorem duty for the earlier zero-duty entry and contained no saving for pre-existing licences. The earlier EPCG licence did not preserve zero-duty treatment once the notification changed. Accordingly, the operative rate for assessment was 5% ad valorem, and the assessee's claim to nil duty failed. en-us Mon, 21 Mar 2005 00:00:00 +0530 Thu, 24 May 2012 10:11:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115123 Debonding clearances made after amendment of the EPCG-related customs notification were assessed at the rate in force on the date of clearance, because the amended notification immediately substituted a 5% ad valorem duty for the earlier zero-duty entry and contained no saving for pre-existing licences. The earlier EPCG licence did not preserve zero-duty treatment once the notification changed. Accordingly, the operative rate for assessment was 5% ad valorem, and the assessee's claim to nil duty failed. Case-Laws Central Excise Mon, 21 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115123