https://www.taxtmi.com/caselaws?id=125540 An advance-licence import made before a later policy circular was held to remain covered by the exemption notification, because the notification contained no express restriction on Indian-origin goods and the circular could not add a new condition or narrow the statutory exemption. On that prima facie basis, the tribunal found sufficient grounds to waive pre-deposit and to stay recovery of the demanded duty pending appeal. The decision reinforces that a circular cannot override or whittle down an exemption granted by notification issued under the statute. en-us Mon, 07 Sep 2009 00:00:00 +0530 Fri, 26 Oct 2012 11:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125540 An advance-licence import made before a later policy circular was held to remain covered by the exemption notification, because the notification contained no express restriction on Indian-origin goods and the circular could not add a new condition or narrow the statutory exemption. On that prima facie basis, the tribunal found sufficient grounds to waive pre-deposit and to stay recovery of the demanded duty pending appeal. The decision reinforces that a circular cannot override or whittle down an exemption granted by notification issued under the statute. Case-Laws Customs Mon, 07 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125540