https://www.taxtmi.com/caselaws?id=376237 A penalty introduced by an amended public notice could not be applied to export obligations that had already been completed before the notice came into force. The Bombay HC noted that the petitioners had earlier sought time to fulfil the export obligations and were asked to complete them first, after which their request would be considered. As the relevant obligations were undisputedly fulfilled before 24-8-1998, the amended penalty provision could not operate retrospectively on those prior completed obligations. The penalty demand was therefore unsustainable, the impugned communications were quashed, and the writ petition was allowed. en-us Thu, 28 Feb 2019 00:00:00 +0530 Tue, 03 Sep 2019 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376237 A penalty introduced by an amended public notice could not be applied to export obligations that had already been completed before the notice came into force. The Bombay HC noted that the petitioners had earlier sought time to fulfil the export obligations and were asked to complete them first, after which their request would be considered. As the relevant obligations were undisputedly fulfilled before 24-8-1998, the amended penalty provision could not operate retrospectively on those prior completed obligations. The penalty demand was therefore unsustainable, the impugned communications were quashed, and the writ petition was allowed. Case-Laws Customs Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376237