Pre-Import Condition Cannot Be Applied Retrospectively to Advance Authorisation Imports

GTN Engineering (India) Limited Vs Pr. Commissioner of Customs (Adjudication) (ITAT Mumbai) This appeal before the Income Tax Appellate Tribunal, Mumbai Bench concerned the validity of an IGST demand, along with interest, redemption fine, and penalty, arising from imports made under the Advance Authorisation scheme during the period 13.10.2017 to 09.01.2019. The appellant had imported raw materials for manufacturing industrial valves meant exclusively for export, availing duty exemption under Notification No. 18/2015-Customs based on 19 Advance Authorisations issued by the DGFT. These imports ...