Concessional Duty Rate Refund Applies Prospectively from May 2, 2005, Per Amending Notification Language.

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Full Text of the Document

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....Refund claim - benefit of concessional rate of duty - The wording of the Notification gives no clue or indication to the effect that substitution of the entry is to be retrospectively. The amending Notification is dated 02.05.2005 and hence the benefit will be applicable only from that date.....