https://www.taxtmi.com/circulars?id=55831 The Supreme Court held Notification No.28/2004 to be clarificatory and Public Notice No.40/2004 ultra vires, finding that later notifications did not create vested rights for exporters who had not made actual exports and emphasizing the need to prevent misuse of the DFCE Scheme; recoveries of DFCE scrips must be undertaken in accordance with the Court's decision. en-us Mon, 08 May 2017 00:00:00 +0530 Tue, 09 May 2017 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55831 The Supreme Court held Notification No.28/2004 to be clarificatory and Public Notice No.40/2004 ultra vires, finding that later notifications did not create vested rights for exporters who had not made actual exports and emphasizing the need to prevent misuse of the DFCE Scheme; recoveries of DFCE scrips must be undertaken in accordance with the Court's decision. Circulars DGFT Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55831