https://www.taxtmi.com/caselaws?id=251193 The court upheld the communication limiting the petitioner's Advance Authorization value based on the correct interpretation of the relevant provisions. It found the petitioner entitled to a lower value than claimed due to the preceding year's exports. Additionally, the court ruled in favor of the petitioner regarding the requirement for furnishing bank guarantees, holding that the Handbook of Procedures cannot impose conditions contrary to the privileges granted under the Foreign Trade Policy. The impugned communication was set aside in part, allowing the petition to that extent, with no order as to costs. en-us Mon, 01 Sep 2014 00:00:00 +0530 Mon, 12 Jan 2015 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251193 The court upheld the communication limiting the petitioner's Advance Authorization value based on the correct interpretation of the relevant provisions. It found the petitioner entitled to a lower value than claimed due to the preceding year's exports. Additionally, the court ruled in favor of the petitioner regarding the requirement for furnishing bank guarantees, holding that the Handbook of Procedures cannot impose conditions contrary to the privileges granted under the Foreign Trade Policy. The impugned communication was set aside in part, allowing the petition to that extent, with no order as to costs. Case-Laws Customs Mon, 01 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251193