Court Rules TED Refunds Must Be Honored Despite Regulation Changes; Past Payments Still Eligible for Refunds.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Refund of terminal excise duty (TED) - subsequent amendment was made to the existing regime which in effect liberalised the position further and exempted payment of TED altogether cannot surely be a reason for denying the scheme for refund of payment already made. - HC....
TaxTMI