https://www.taxtmi.com/caselaws?id=195985 The court held that the Central Government lacked authority to retrospectively alter the Incremental Exports Incentivisation Scheme under the Foreign Trade Act. It emphasized protecting the vested rights of exporters and ensuring benefits under the original scheme are honored without arbitrary changes. The court referenced judicial precedent supporting the position that subsequent notifications should not impact vested rights. The petitioner's entitlement to incentives was upheld, and the authorities were directed to promptly pay the rightful dues, allowing for interest on any delays. en-us Thu, 28 Jan 2016 00:00:00 +0530 Thu, 16 Nov 2017 06:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195985 The court held that the Central Government lacked authority to retrospectively alter the Incremental Exports Incentivisation Scheme under the Foreign Trade Act. It emphasized protecting the vested rights of exporters and ensuring benefits under the original scheme are honored without arbitrary changes. The court referenced judicial precedent supporting the position that subsequent notifications should not impact vested rights. The petitioner's entitlement to incentives was upheld, and the authorities were directed to promptly pay the rightful dues, allowing for interest on any delays. Case-Laws Indian Laws Thu, 28 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195985