https://www.taxtmi.com/caselaws?id=295835 The court granted an interim stay on notifications dated 29.3.2019 and 16.4.2019 under the Foreign Trade Act. The notification by the Central Government was found prima facie valid but with questionable retrospective effect, leading to a directive for prospective application only to the petitioner. The order by the Directorate General of Foreign Trade attempting to modify the notification was stayed. The respondents were instructed to release the petitioner's commodities subject to duties, pending the outcome. The court emphasized the distinction between the validity of the notifications and the need for prospective application, ensuring compliance with legal requirements. en-us Wed, 14 Aug 2019 00:00:00 +0530 Mon, 21 Jun 2021 20:40:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295835 The court granted an interim stay on notifications dated 29.3.2019 and 16.4.2019 under the Foreign Trade Act. The notification by the Central Government was found prima facie valid but with questionable retrospective effect, leading to a directive for prospective application only to the petitioner. The order by the Directorate General of Foreign Trade attempting to modify the notification was stayed. The respondents were instructed to release the petitioner's commodities subject to duties, pending the outcome. The court emphasized the distinction between the validity of the notifications and the need for prospective application, ensuring compliance with legal requirements. Case-Laws Customs Wed, 14 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295835