https://www.taxtmi.com/caselaws?id=166833 An amendment to the Import Policy adding palm stearin and palm kernel oil to the banned list was read prospectively because the notice did not clearly express retrospective operation, so an import already made and cleared before the notice could not be invalidated. On the facts recorded, a Letter of Authority holder under an Export House licence was entitled to import the goods, since the licence position and authorisation supported the claimed import entitlement. In light of these findings, the confiscation and penalty were held unsustainable. en-us Mon, 07 Nov 1983 00:00:00 +0530 Fri, 07 Nov 2014 16:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166833 An amendment to the Import Policy adding palm stearin and palm kernel oil to the banned list was read prospectively because the notice did not clearly express retrospective operation, so an import already made and cleared before the notice could not be invalidated. On the facts recorded, a Letter of Authority holder under an Export House licence was entitled to import the goods, since the licence position and authorisation supported the claimed import entitlement. In light of these findings, the confiscation and penalty were held unsustainable. Case-Laws Customs Mon, 07 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166833