https://www.taxtmi.com/article/detailed?id=9605 Board circulars issued under statutory powers are binding on departmental officers while operative and prevent the Department from taking positions contrary to those circulars; the Revenue is precluded from challenging the correctness of a binding circular. Beneficial circulars apply retrospectively, adverse circulars operate prospectively, and in classification disputes an earlier operative circular that prescribes classification makes inconsistent demands unsustainable, with CENVAT credit and past duty payments to be considered in liability computation. en-us Wed, 30 Dec 2020 11:28:07 +0530 Wed, 30 Dec 2020 11:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9605 Board circulars issued under statutory powers are binding on departmental officers while operative and prevent the Department from taking positions contrary to those circulars; the Revenue is precluded from challenging the correctness of a binding circular. Beneficial circulars apply retrospectively, adverse circulars operate prospectively, and in classification disputes an earlier operative circular that prescribes classification makes inconsistent demands unsustainable, with CENVAT credit and past duty payments to be considered in liability computation. Articles Central Excise Wed, 30 Dec 2020 11:28:07 +0530 https://www.taxtmi.com/article/detailed?id=9605