https://www.taxtmi.com/caselaws?id=74600 The Import & Export Policy for April 1985 to March 1988 was read as permitting relaxation in genuine hardship cases affecting exports. Although Clause 73 generally barred revalidation of import licences, Clauses 80 and 37 allowed ad hoc extension of validity and relaxation of policy or procedure where importers faced genuine difficulties and strict application would harm exports. On that construction, a refusal based only on alleged lack of power was untenable, because the policy itself supplied the necessary relaxation mechanism. The authority was therefore held to have power to revalidate the REP licences and extend the time for opening letters of credit. en-us Mon, 10 Apr 1989 00:00:00 +0530 Thu, 18 Aug 2011 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74600 The Import & Export Policy for April 1985 to March 1988 was read as permitting relaxation in genuine hardship cases affecting exports. Although Clause 73 generally barred revalidation of import licences, Clauses 80 and 37 allowed ad hoc extension of validity and relaxation of policy or procedure where importers faced genuine difficulties and strict application would harm exports. On that construction, a refusal based only on alleged lack of power was untenable, because the policy itself supplied the necessary relaxation mechanism. The authority was therefore held to have power to revalidate the REP licences and extend the time for opening letters of credit. Case-Laws Customs Mon, 10 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74600