https://www.taxtmi.com/caselaws?id=237904 In advance import and export licensing, no vested right arises merely from filing an application; entitlement normally depends on the policy in force when the licence is granted. The Delhi High Court noted that the appellants' applications were still pending when the policy changed, so earlier filing did not crystallise a right to value based advance licences. It further found that the amendment to paragraph 66 of the Export and Import Policy operated prospectively and could not revive an entitlement that had already ceased. Alleged processing delay and the Handbook of Procedure time schedule did not create an enforceable right, as the schedule was directory and no mandatory consequence for non-compliance was shown. en-us Tue, 08 Oct 2013 00:00:00 +0530 Wed, 23 Apr 2014 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237904 In advance import and export licensing, no vested right arises merely from filing an application; entitlement normally depends on the policy in force when the licence is granted. The Delhi High Court noted that the appellants' applications were still pending when the policy changed, so earlier filing did not crystallise a right to value based advance licences. It further found that the amendment to paragraph 66 of the Export and Import Policy operated prospectively and could not revive an entitlement that had already ceased. Alleged processing delay and the Handbook of Procedure time schedule did not create an enforceable right, as the schedule was directory and no mandatory consequence for non-compliance was shown. Case-Laws Customs Tue, 08 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237904