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Customs - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

100% EOU - the petitioner could have obtained extension of the ...

Customs

September 4, 2019

100% EOU - the petitioner could have obtained extension of the time limit not exceeding 5 years - It is well-settled that even a retrospective amendment will not take away the vested rights of the parties. The same logic and principle will apply in the case of accrued liability also - when liability has already accrued, the same cannot be washed away or effaced by a subsequent notification

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