https://www.taxtmi.com/caselaws?id=771423 SC held that Customs Circular No. 35/2010-Cus was explanatory in nature, clarifying existing benefits rather than creating new rights. The circular retrospectively applied to merchant exporters who had availed CENVAT credit, entitling them to 1% AIR customs duty drawback from 2008. HC erred in treating the circular as prospective only. The circular resolved ambiguity in previous notifications without creating fresh fiscal regime or imposing new burdens. Appellant entitled to retrospective benefit of customs duty drawback despite having availed CENVAT credit. en-us Thu, 22 May 2025 00:00:00 +0530 Thu, 22 May 2025 18:07:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771423 SC held that Customs Circular No. 35/2010-Cus was explanatory in nature, clarifying existing benefits rather than creating new rights. The circular retrospectively applied to merchant exporters who had availed CENVAT credit, entitling them to 1% AIR customs duty drawback from 2008. HC erred in treating the circular as prospective only. The circular resolved ambiguity in previous notifications without creating fresh fiscal regime or imposing new burdens. Appellant entitled to retrospective benefit of customs duty drawback despite having availed CENVAT credit. Case-Laws Customs Thu, 22 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771423