https://www.taxtmi.com/caselaws?id=203124 The court declared the amendments to para 3.2.5 of the Handbook of Procedure (HBP) and related circulars as ultra vires, quashing them. The circular dated 8th May 2007 was also quashed for unduly restricting the meaning of 'inputs.' Changes to the Foreign Trade Policy (FTP) through circulars were deemed illegal, requiring notifications under the FTDR Act. The writ petition was held maintainable, recognizing the petitioner's locus standi. Retrospective policy changes were deemed unreasonable, and the court quashed the relevant circulars and notices, directing computation of duty entitlements based on the original FTP provisions. en-us Thu, 05 Aug 2010 00:00:00 +0530 Fri, 06 May 2011 10:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203124 The court declared the amendments to para 3.2.5 of the Handbook of Procedure (HBP) and related circulars as ultra vires, quashing them. The circular dated 8th May 2007 was also quashed for unduly restricting the meaning of 'inputs.' Changes to the Foreign Trade Policy (FTP) through circulars were deemed illegal, requiring notifications under the FTDR Act. The writ petition was held maintainable, recognizing the petitioner's locus standi. Retrospective policy changes were deemed unreasonable, and the court quashed the relevant circulars and notices, directing computation of duty entitlements based on the original FTP provisions. Case-Laws Customs Thu, 05 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203124