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Reassessment based on subsequent Customs Duty Revision Notification Invalid

A Division Bench of the Gujarat High Court recently granted a major relief to Adani Wilmar Limited, a manufacturer under Adani Group owing to the Customs Duty revision notification published in e-Gazette after the payment of the duty to the revenue. The impugned reassessment orders of the bills of entry were also quashed. According to…

Source Taxscan

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