https://www.taxtmi.com/caselaws?id=795373 Circular No. 35/2010-Cus., clarifying eligibility for the 1% All Industry Rate customs duty drawback, operates retrospectively because it confirms an existing benefit rather than creating a new fiscal concession. Merchant exporters remain eligible for drawback despite availing CENVAT credit, rendering contrary recovery action unsustainable. Interest on the refunded drawback is warranted where entitlement was established through writ proceedings; restitution includes interest at 12% per annum from filing of the writ petition until actual payment. en-us Tue, 14 Jul 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795373 Circular No. 35/2010-Cus., clarifying eligibility for the 1% All Industry Rate customs duty drawback, operates retrospectively because it confirms an existing benefit rather than creating a new fiscal concession. Merchant exporters remain eligible for drawback despite availing CENVAT credit, rendering contrary recovery action unsustainable. Interest on the refunded drawback is warranted where entitlement was established through writ proceedings; restitution includes interest at 12% per annum from filing of the writ petition until actual payment. Case-Laws GST Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795373