https://www.taxtmi.com/caselaws?id=209713 DGFT may issue a public notice to withdraw DEPB benefits for cotton exports prospectively, but not with retrospective effect unless the enabling instrument clearly authorises it. The note explains that the impugned notice substantively removed the incentive rather than merely clarifying policy, so exporters could not be deprived of benefits that had already accrued for earlier shipments. Accordingly, recoveries made for shipments between 21 April 2010 and 31 March 2011 were invalid, while prospective withdrawal of the benefit was sustained. en-us Fri, 07 Oct 2011 00:00:00 +0530 Tue, 10 Apr 2012 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209713 DGFT may issue a public notice to withdraw DEPB benefits for cotton exports prospectively, but not with retrospective effect unless the enabling instrument clearly authorises it. The note explains that the impugned notice substantively removed the incentive rather than merely clarifying policy, so exporters could not be deprived of benefits that had already accrued for earlier shipments. Accordingly, recoveries made for shipments between 21 April 2010 and 31 March 2011 were invalid, while prospective withdrawal of the benefit was sustained. Case-Laws Customs Fri, 07 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209713