Supreme Court Rules Exemption for Goods, Including Vehicles, Imported under Transfer of Residence (ToR) Facility Valid, Rejects Retrospective Application of CBEC Circular — “A Circular Cannot Override or Detract from the Provisions of the Statute or Notifications Issued Thereunder”
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Supreme Court Rules Exemption for Goods, Including Vehicles, Imported under Transfer of Residence (ToR) Facility Valid, Rejects Retrospective Application of CBEC Circular — “A Circular Cannot Override or Detract from the Provisions of the Statute or Notifications Issued Thereunder”

Court’s Decision In a significant ruling, the Supreme Court allowed a batch of appeals and writ petitions challenging the retrospective application of CBEC Circular No. 15/2015-Cus. dated 28.02.2015. The Court…
May 28, 2025