https://www.taxtmi.com/highlights?id=30484 Effective Rate of duty - Assessee cannot avail the benefit of budget proposal if not followed with by the enactment - Mere budget proposal does not mean that the same are enactments by the Parliament - The law as enacted is what is contained in the Finance Act. After it is legislated upon by the Parliament and a rate of duty that is prescribed in relation to a particular Tariff Head that constitutes the authoritative expression of the legislative will of Parliament - SC en-us Tue, 26 Jul 2016 12:01:21 +0530 Tue, 26 Jul 2016 12:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=30484 Effective Rate of duty - Assessee cannot avail the benefit of budget proposal if not followed with by the enactment - Mere budget proposal does not mean that the same are enactments by the Parliament - The law as enacted is what is contained in the Finance Act. After it is legislated upon by the Parliament and a rate of duty that is prescribed in relation to a particular Tariff Head that constitutes the authoritative expression of the legislative will of Parliament - SC Highlights Customs Tue, 26 Jul 2016 12:01:21 +0530 https://www.taxtmi.com/highlights?id=30484