https://www.taxtmi.com/caselaws?id=904 A foreign trade policy expression such as "restriction" or "regulation" may, in context, include a prohibitory export measure, but its scope must be read with the statutory framework and the stage of export compliance. A prohibition notification under the foreign trade regime operates prospectively and cannot retrospectively defeat exports where the exporter has already completed customs clearance formalities and obtained permission for clearance and loading. Later clarificatory action cannot remove a vested or accrued export right already protected by the applicable policy and customs procedure. en-us Tue, 07 Nov 2006 00:00:00 +0530 Thu, 13 Mar 2014 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=904 A foreign trade policy expression such as "restriction" or "regulation" may, in context, include a prohibitory export measure, but its scope must be read with the statutory framework and the stage of export compliance. A prohibition notification under the foreign trade regime operates prospectively and cannot retrospectively defeat exports where the exporter has already completed customs clearance formalities and obtained permission for clearance and loading. Later clarificatory action cannot remove a vested or accrued export right already protected by the applicable policy and customs procedure. Case-Laws Customs Tue, 07 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=904