https://www.taxtmi.com/caselaws?id=368150 Revalidation of a Duty Free Import Authorisation was not automatic and depended on merits under the Foreign Trade Policy. The relaxation power was discretionary, exercisable only in public interest and on proof of genuine hardship and adverse impact on trade. As the request was based on commercial expediency and market volatility, and not on any unforeseen hardship preventing completion of imports, the authority was justified in refusing a further extension after the authorisation had already remained valid for twenty-four months. Judicial review would lie only for perversity, arbitrariness, caprice or policy violation, none of which was shown. en-us Wed, 26 Sep 2018 00:00:00 +0530 Sat, 06 Apr 2019 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368150 Revalidation of a Duty Free Import Authorisation was not automatic and depended on merits under the Foreign Trade Policy. The relaxation power was discretionary, exercisable only in public interest and on proof of genuine hardship and adverse impact on trade. As the request was based on commercial expediency and market volatility, and not on any unforeseen hardship preventing completion of imports, the authority was justified in refusing a further extension after the authorisation had already remained valid for twenty-four months. Judicial review would lie only for perversity, arbitrariness, caprice or policy violation, none of which was shown. Case-Laws Customs Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368150