https://www.taxtmi.com/caselaws?id=83767 Import entitlement was governed by the policy in force at the time of import, and an amendment made under statutory power could restrict benefits to goods already shipped before the public notice. An earlier irrevocable letter of credit did not freeze the applicable policy, because the claimed protection operated only as a form of promissory estoppel and could not prevent modification or withdrawal in public interest. The distinction between goods already in transit and goods not yet shipped was treated as rational, so the amended policy was upheld and imports made after the amendment could not claim the earlier benefit. en-us Tue, 08 Nov 1994 00:00:00 +0530 Sat, 31 Jan 2015 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83767 Import entitlement was governed by the policy in force at the time of import, and an amendment made under statutory power could restrict benefits to goods already shipped before the public notice. An earlier irrevocable letter of credit did not freeze the applicable policy, because the claimed protection operated only as a form of promissory estoppel and could not prevent modification or withdrawal in public interest. The distinction between goods already in transit and goods not yet shipped was treated as rational, so the amended policy was upheld and imports made after the amendment could not claim the earlier benefit. Case-Laws Customs Tue, 08 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83767