https://www.taxtmi.com/caselaws?id=285122 The Court held that the notification dated 12.06.2006, which retrospectively amended the Target Plus Scheme under the Foreign Trade (Development and Regulation) Act, 1992, was ultravires the Act and the Constitution. The Court quashed the notification, allowing the petitioners to receive duty credit entitlement certificates without retrospective impact, in line with the principle of promissory estoppel and a precedent set by the Gujarat High Court. en-us Wed, 20 May 2009 00:00:00 +0530 Fri, 27 Dec 2019 12:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285122 The Court held that the notification dated 12.06.2006, which retrospectively amended the Target Plus Scheme under the Foreign Trade (Development and Regulation) Act, 1992, was ultravires the Act and the Constitution. The Court quashed the notification, allowing the petitioners to receive duty credit entitlement certificates without retrospective impact, in line with the principle of promissory estoppel and a precedent set by the Gujarat High Court. Case-Laws Indian Laws Wed, 20 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285122