Orissa HC exempts vessel from custom duty as notification cannot have retrospective application

Great Eastern Shipping Company Ltd. and Anr. Vs Union of India (Orrisa High Court) Great Eastern Shipping Company Ltd (GESCO) (Petitioner) has filed the current writ petition seeking relief to provide a declaration that Condition No. 82 of Sl. No.462 of Notification No. 12/2012. dated March 17, 2012, (Exemption Notification 2012) to the extent of making the import of vessel “Jag Arnav” retrospectively amenable to Customs Duty is violative of Sections 12, 25 and 46 of the Customs Act, 1962 and Articles 14, 19 (1) (g), 265 and 300A of the Constitution of India. Along with that, the Petitione...