https://www.taxtmi.com/caselaws?id=166955 Statutory canalisation of mica exports through a designated agency was upheld as a reasonable restriction on trade in the public interest, because export regulation and channelisation were treated as a valid policy choice. The cut-off date for treating pre-existing contracts and letters of credit was sustained as workable and non-arbitrary, and the later relaxation was justified by trade hardship. Excluding mica powder from the scheme was held to be a valid classification based on intelligible differentia and a rational nexus with the objective of fostering a developing industry. The service charge collected by the agency was treated as consideration for services, not a tax, so Article 265 was not attracted. en-us Fri, 31 Aug 1973 00:00:00 +0530 Thu, 30 May 2019 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166955 Statutory canalisation of mica exports through a designated agency was upheld as a reasonable restriction on trade in the public interest, because export regulation and channelisation were treated as a valid policy choice. The cut-off date for treating pre-existing contracts and letters of credit was sustained as workable and non-arbitrary, and the later relaxation was justified by trade hardship. Excluding mica powder from the scheme was held to be a valid classification based on intelligible differentia and a rational nexus with the objective of fostering a developing industry. The service charge collected by the agency was treated as consideration for services, not a tax, so Article 265 was not attracted. Case-Laws Customs Fri, 31 Aug 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166955