https://www.taxtmi.com/caselaws?id=94204 An import licence could not be retrospectively amended to the importer's detriment because the Foreign Trade Act and Rules did not confer express or implied power for such alteration, and the statutory scheme did not support unsettling completed commercial arrangements. Any material change to licence conditions also required notice and an opportunity of hearing, since the licence created valuable rights and no express exclusion of natural justice existed. Confiscation of goods imported under the licence was unsustainable where the imports complied with the licence as issued and no unmet condition was shown. The impugned notice and order were quashed and rights under the original licence restored. en-us Wed, 24 Feb 1999 00:00:00 +0530 Mon, 21 Nov 2011 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94204 An import licence could not be retrospectively amended to the importer's detriment because the Foreign Trade Act and Rules did not confer express or implied power for such alteration, and the statutory scheme did not support unsettling completed commercial arrangements. Any material change to licence conditions also required notice and an opportunity of hearing, since the licence created valuable rights and no express exclusion of natural justice existed. Confiscation of goods imported under the licence was unsustainable where the imports complied with the licence as issued and no unmet condition was shown. The impugned notice and order were quashed and rights under the original licence restored. Case-Laws Customs Wed, 24 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94204