No Customs Duty on Imports Made Under Advance Licence Before Exemption Withdrawal: SC

Granules India Ltd. Vs Union of India And Others (Supreme Court of India) Supreme Court Rules Against State in Customs Duty Case; Supreme Court Rules in Favor of Granules India, Citing State’s Duty to Assist Justice; SC Rules in Favour of Importer in Acetic Anhydride Customs Duty Dispute; Exemption Applies Despite Timing of Import: SC Clarifies in Advance Licence Customs Case; Clarificatory Notification Applies Retrospectively, SC Holds in Customs Duty Case The Supreme Court of India has set aside a High Court order, ruling in favor of Granules India Ltd. in a decades-old customs duty d...