<h1>Court Upholds EXIM Policy Notifications; Genuine Exporters Protected, Manipulative Claimants Denied Retrospective Benefits.</h1> The government investigated misuse of an export promotion scheme under the EXIM Policy, leading to the issuance of notifications to address the issue. Authorities found that certain exporters exploited the scheme, claiming double benefits and manipulating export figures. The notifications, deemed necessary for public interest, were challenged but upheld as valid by the courts, clarifying that benefits should not be applied retrospectively. The Directorate General of Foreign Trade (DGFT) was criticized for overstepping its authority by amending the policy through public notices, which was deemed ultra vires. The court ruled that exporters who genuinely met growth targets retained their rights, but those exploiting the scheme did not acquire vested rights.