https://www.taxtmi.com/caselaws?id=74341 Export assistance under the import policy was confined to supplies made by Indian firms for IBRD/IDA aided projects through international competitive bidding, a process requiring global publicity, competitive participation and formal bidding safeguards. A later risk purchase award made on limited tender after default of the original contractor did not satisfy that requirement, and a default clause in the original global tender did not transform the subsequent limited tender into international competitive bidding. The petitioner was therefore not entitled to replenishment licence or cash assistance, and the authorities' refusal was upheld. en-us Wed, 12 Mar 1986 00:00:00 +0530 Wed, 08 Jun 2011 12:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74341 Export assistance under the import policy was confined to supplies made by Indian firms for IBRD/IDA aided projects through international competitive bidding, a process requiring global publicity, competitive participation and formal bidding safeguards. A later risk purchase award made on limited tender after default of the original contractor did not satisfy that requirement, and a default clause in the original global tender did not transform the subsequent limited tender into international competitive bidding. The petitioner was therefore not entitled to replenishment licence or cash assistance, and the authorities' refusal was upheld. Case-Laws Customs Wed, 12 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74341