https://www.taxtmi.com/caselaws?id=80499 Under the 1985-88 Policy Book, replenishment licence entitlement for Diamond Trading Company holders was confined to additional exports made beyond the export obligation attached to the licence. Exports undertaken merely to discharge the licence obligation did not qualify for further replenishment benefit under paragraph 207, because the policy treated that benefit as separate from the contractual obligation to export cleaned, cut and polished diamonds. Where the Department had already granted replenishment credit for eligible additional exports, no further claim could be made against the value of exports used to satisfy the licence obligation. The writ petition was rejected and the claim for additional replenishment licence failed. en-us Fri, 16 Feb 1990 00:00:00 +0530 Fri, 17 Jun 2011 12:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80499 Under the 1985-88 Policy Book, replenishment licence entitlement for Diamond Trading Company holders was confined to additional exports made beyond the export obligation attached to the licence. Exports undertaken merely to discharge the licence obligation did not qualify for further replenishment benefit under paragraph 207, because the policy treated that benefit as separate from the contractual obligation to export cleaned, cut and polished diamonds. Where the Department had already granted replenishment credit for eligible additional exports, no further claim could be made against the value of exports used to satisfy the licence obligation. The writ petition was rejected and the claim for additional replenishment licence failed. Case-Laws Customs Fri, 16 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80499