https://www.taxtmi.com/caselaws?id=119143 A dispute finally decided on the same contract and same legal foundation could not be reopened for a later consignment, because the earlier determination had attained finality and operated as res judicata. The public notice was treated as prospective, so an import under an earlier contract and letter of credit was not hit by that later clarification. On that basis, the importer's bona fide conduct under the prevailing policy position supported the view that confiscation and penalty lacked legal basis and were not sustainable. en-us Mon, 17 Apr 2006 00:00:00 +0530 Mon, 09 Jul 2012 13:03:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119143 A dispute finally decided on the same contract and same legal foundation could not be reopened for a later consignment, because the earlier determination had attained finality and operated as res judicata. The public notice was treated as prospective, so an import under an earlier contract and letter of credit was not hit by that later clarification. On that basis, the importer's bona fide conduct under the prevailing policy position supported the view that confiscation and penalty lacked legal basis and were not sustainable. Case-Laws Customs Mon, 17 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119143