https://www.taxtmi.com/article/detailed?id=14097 The pre-import sequencing requirement made import-before-export a condition for IGST exemption, but imposition of retrospective interest, penalties or confiscation requires explicit statutory authority. Article 265 principles and precedent prevent reading retrospective fiscal powers into law; executive circulars cannot create liabilities absent legislative empowerment. Procedural timing mismatches do not constitute fraud warranting confiscation without evidence of intent or misuse. en-us Sat, 12 Apr 2025 08:41:29 +0530 Sat, 12 Apr 2025 08:41:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14097 The pre-import sequencing requirement made import-before-export a condition for IGST exemption, but imposition of retrospective interest, penalties or confiscation requires explicit statutory authority. Article 265 principles and precedent prevent reading retrospective fiscal powers into law; executive circulars cannot create liabilities absent legislative empowerment. Procedural timing mismatches do not constitute fraud warranting confiscation without evidence of intent or misuse. Articles Customs - Import - Export - SEZ Sat, 12 Apr 2025 08:41:29 +0530 https://www.taxtmi.com/article/detailed?id=14097