https://www.taxtmi.com/caselaws?id=360583 The EPCG scheme was amended by DGFT to reduce the duty rate to 3% from 01.04.2008, and the importer's authorization was issued on that basis. The later issuance of the corresponding customs notification could not be used to deny the revised benefit, because the Ministry of Finance and customs authorities were expected to act in tandem with the already adopted policy change. The Tribunal concluded that the delay in issuing the notification did not defeat the entitlement reflected in the authorization, and reassessment of the Bills of Entry to grant the lower EPCG rate was sustained. en-us Wed, 16 May 2018 00:00:00 +0530 Wed, 14 Nov 2018 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360583 The EPCG scheme was amended by DGFT to reduce the duty rate to 3% from 01.04.2008, and the importer's authorization was issued on that basis. The later issuance of the corresponding customs notification could not be used to deny the revised benefit, because the Ministry of Finance and customs authorities were expected to act in tandem with the already adopted policy change. The Tribunal concluded that the delay in issuing the notification did not defeat the entitlement reflected in the authorization, and reassessment of the Bills of Entry to grant the lower EPCG rate was sustained. Case-Laws Customs Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360583