https://www.taxtmi.com/caselaws?id=72875 The Court dismissed the writ petition challenging the validity of Show Cause Notices issued to the petitioners, affirming their validity. It clarified that diamond exporters were entitled to import items permissible under the Import Policy of 1978-79 and the prevailing policy at the time. The Court interpreted "whether canalised or otherwise" to require adherence to the canalisation process. While acknowledging the applicability of promissory estoppel against the Government, it found no case for its application in this instance. The Court emphasized adherence to import regulations and directed proceedings to continue in accordance with the law. en-us Wed, 15 Apr 1987 00:00:00 +0530 Tue, 23 Sep 2014 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72875 The Court dismissed the writ petition challenging the validity of Show Cause Notices issued to the petitioners, affirming their validity. It clarified that diamond exporters were entitled to import items permissible under the Import Policy of 1978-79 and the prevailing policy at the time. The Court interpreted "whether canalised or otherwise" to require adherence to the canalisation process. While acknowledging the applicability of promissory estoppel against the Government, it found no case for its application in this instance. The Court emphasized adherence to import regulations and directed proceedings to continue in accordance with the law. Case-Laws Customs Wed, 15 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72875