https://www.taxtmi.com/caselaws?id=375818 The court held that the "pre-import condition" in the Foreign Trade Policy and Customs Notification was unreasonable, arbitrary, and not in line with the Advance Authorisation Scheme. The condition disrupted exporters' operations, negating the policy's objective of boosting exports and preventing cash blockage. The court invalidated the condition, finding it ultra vires and unsustainable, granting relief to affected parties. The retrospective deletion of the condition was deemed a curative amendment but not given retroactive effect, necessitating court intervention for grievances during the interim period. en-us Mon, 04 Feb 2019 00:00:00 +0530 Mon, 30 Nov 2020 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375818 The court held that the "pre-import condition" in the Foreign Trade Policy and Customs Notification was unreasonable, arbitrary, and not in line with the Advance Authorisation Scheme. The condition disrupted exporters' operations, negating the policy's objective of boosting exports and preventing cash blockage. The court invalidated the condition, finding it ultra vires and unsustainable, granting relief to affected parties. The retrospective deletion of the condition was deemed a curative amendment but not given retroactive effect, necessitating court intervention for grievances during the interim period. Case-Laws Customs Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375818