https://www.taxtmi.com/caselaws?id=417773 The court upheld the validity of Notification No. 2/2002-Customs dated 08.01.2002 under Section 8A of the Customs Tariff Act, 1975, which increased the import duty on cotton from 5% to 10%. It was determined that the notification was issued lawfully, and the increased duty rate applied to all cotton imports for which the bill of entry was presented after the notification's issuance, irrespective of whether the goods were in transit or covered by pre-existing contracts. As a result, the appeals by the Revenue were successful, and the lower court's decision was overturned. en-us Fri, 21 Jan 2022 00:00:00 +0530 Mon, 31 Jan 2022 22:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417773 The court upheld the validity of Notification No. 2/2002-Customs dated 08.01.2002 under Section 8A of the Customs Tariff Act, 1975, which increased the import duty on cotton from 5% to 10%. It was determined that the notification was issued lawfully, and the increased duty rate applied to all cotton imports for which the bill of entry was presented after the notification's issuance, irrespective of whether the goods were in transit or covered by pre-existing contracts. As a result, the appeals by the Revenue were successful, and the lower court's decision was overturned. Case-Laws Customs Fri, 21 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417773