https://www.taxtmi.com/caselaws?id=52085 Retrospective extension of the export-obligation period under Customs Notification No. 160/92 preserved the exemption where the obligation was fulfilled within the extended time. The public notice and DGFT confirmation extended the period, and the Finance Act, 2001 gave that extension retrospective effect up to 31 March 2002. On those facts, the basis for denying exemption no longer survived, so differential customs duty, confiscation of goods and penalty were unsustainable. en-us Thu, 05 Jun 2003 00:00:00 +0530 Thu, 30 Sep 2010 16:33:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52085 Retrospective extension of the export-obligation period under Customs Notification No. 160/92 preserved the exemption where the obligation was fulfilled within the extended time. The public notice and DGFT confirmation extended the period, and the Finance Act, 2001 gave that extension retrospective effect up to 31 March 2002. On those facts, the basis for denying exemption no longer survived, so differential customs duty, confiscation of goods and penalty were unsustainable. Case-Laws Customs Thu, 05 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52085