https://www.taxtmi.com/caselaws?id=120338 A later DGFT clarification could not be applied to consignments that were already inspected and shipped before the clarification was issued. In the absence of express retrospective effect, the earlier regulatory position governed those transactions, so rejection of the inspection certificates on the basis of the later circular was legally unsustainable. Confiscation founded on that post-transaction clarification therefore could not be upheld, and the appellant obtained consequential relief. en-us Wed, 15 Nov 2006 00:00:00 +0530 Wed, 18 Jul 2012 15:43:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120338 A later DGFT clarification could not be applied to consignments that were already inspected and shipped before the clarification was issued. In the absence of express retrospective effect, the earlier regulatory position governed those transactions, so rejection of the inspection certificates on the basis of the later circular was legally unsustainable. Confiscation founded on that post-transaction clarification therefore could not be upheld, and the appellant obtained consequential relief. Case-Laws Customs Wed, 15 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120338