https://www.taxtmi.com/caselaws?id=72920 The Supreme Court upheld that diamond exporters with Additional Licences could not import items listed in specific sections of the Import Policy 1985-88. However, those with irrevocable Letters of Credit before October 18, 1985, were allowed to clear their imports to prevent undue hardship. The court emphasized fairness in balancing the impact of changing import policies on exporters. The appeal was disposed of without costs. en-us Wed, 05 Mar 1986 00:00:00 +0530 Fri, 26 Sep 2014 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72920 The Supreme Court upheld that diamond exporters with Additional Licences could not import items listed in specific sections of the Import Policy 1985-88. However, those with irrevocable Letters of Credit before October 18, 1985, were allowed to clear their imports to prevent undue hardship. The court emphasized fairness in balancing the impact of changing import policies on exporters. The appeal was disposed of without costs. Case-Laws Customs Wed, 05 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72920