https://www.taxtmi.com/caselaws?id=379945 The Madras HC upheld notifications and trade notices restricting import of peas and allied goods, holding that the competent authority validly exercised statutory power to revise the foreign trade policy in public interest. It accepted that the measures operated prospectively and that the transitional clarifications for shipments already arrived, letters of credit, and advance payments were only implementation guidance, not an excess of delegated power. The Court also held that the import restriction was a regulatory measure justified by public interest and protection of domestic agricultural producers, so the challenge under Article 19(6) failed. The writ petitions were therefore dismissed as without merit. en-us Thu, 04 Apr 2019 00:00:00 +0530 Tue, 03 Sep 2019 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379945 The Madras HC upheld notifications and trade notices restricting import of peas and allied goods, holding that the competent authority validly exercised statutory power to revise the foreign trade policy in public interest. It accepted that the measures operated prospectively and that the transitional clarifications for shipments already arrived, letters of credit, and advance payments were only implementation guidance, not an excess of delegated power. The Court also held that the import restriction was a regulatory measure justified by public interest and protection of domestic agricultural producers, so the challenge under Article 19(6) failed. The writ petitions were therefore dismissed as without merit. Case-Laws Customs Thu, 04 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379945