https://www.taxtmi.com/caselaws?id=347929 A policy circular issued after a valid DFIA licence with transferability endorsement cannot retrospectively curtail the duty-free import entitlement created by that licence. The applicable policy is the one in force up to the date of issue of the licence, so a later clarification does not displace rights already accrued under the existing DFIA framework. On the admitted facts, the licence predated the circular, and the imported goods remained governed by the licence and the corresponding notification. The later circular therefore could not be used to deny duty-free import of lactose under the prior entitlement. en-us Tue, 08 Aug 2017 00:00:00 +0530 Sat, 30 Dec 2017 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347929 A policy circular issued after a valid DFIA licence with transferability endorsement cannot retrospectively curtail the duty-free import entitlement created by that licence. The applicable policy is the one in force up to the date of issue of the licence, so a later clarification does not displace rights already accrued under the existing DFIA framework. On the admitted facts, the licence predated the circular, and the imported goods remained governed by the licence and the corresponding notification. The later circular therefore could not be used to deny duty-free import of lactose under the prior entitlement. Case-Laws Customs Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347929