https://www.taxtmi.com/caselaws?id=1111 Retrospective operation of Notification No. 96/2004-Cus. was not available because the text of the notification showed effect only up to 31 March 2005 and did not express, or by necessary implication permit, backward application. Since retrospective intent must be clear from the provision itself, the benefit could not be extended to imported inputs on which countervailing duty was paid through DEPB debit rather than in cash. The respondents were therefore not entitled to claim retrospective benefit of the notification or Modvat credit of CVD on those inputs. en-us Thu, 09 Nov 2006 00:00:00 +0530 Mon, 14 Apr 2008 06:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1111 Retrospective operation of Notification No. 96/2004-Cus. was not available because the text of the notification showed effect only up to 31 March 2005 and did not express, or by necessary implication permit, backward application. Since retrospective intent must be clear from the provision itself, the benefit could not be extended to imported inputs on which countervailing duty was paid through DEPB debit rather than in cash. The respondents were therefore not entitled to claim retrospective benefit of the notification or Modvat credit of CVD on those inputs. Case-Laws Central Excise Thu, 09 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1111