Duty Liability Upheld as Notification Subsequent to Bill of Entry Filing Cannot Apply Retrospectively

Vardhman Textiles Ltd. Vs Commissioner of Customs (CESTAT Delhi) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi, dismissed an appeal challenging the denial of reassessment, cancellation, and substitution of five Bills of Entry (B/Es) filed for import of raw cotton and upheld the denial of exemption under Notification No.21/2022–Cus. The appellant had filed five self-assessed B/Es between April 5 and April 13, 2022, claiming exemption under an earlier notification. On April 13, 2022, a new exemption notification was issued granting nil duty on cotton imports with effec...