https://www.taxtmi.com/caselaws?id=292111 The Sugar Export Promotion Act, 1958 was upheld as a valid regulatory scheme aimed at promoting sugar exports and earning foreign exchange. The Court treated the classification of vacuum pan sugar factories as reasonable because it was connected to that legislative object, and held that quota fixation, pooled export arrangements, deferred payment, and internal price adjustment did not impose excessive restrictions under Article 19 or amount to unconstitutional deprivation of property under Articles 14 and 31. The overall scheme was found to distribute the burden across the industry and remain closely tied to public interest, making the impugned Act and actions taken under it constitutionally valid. en-us Wed, 06 May 1959 00:00:00 +0530 Sat, 12 Mar 2022 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292111 The Sugar Export Promotion Act, 1958 was upheld as a valid regulatory scheme aimed at promoting sugar exports and earning foreign exchange. The Court treated the classification of vacuum pan sugar factories as reasonable because it was connected to that legislative object, and held that quota fixation, pooled export arrangements, deferred payment, and internal price adjustment did not impose excessive restrictions under Article 19 or amount to unconstitutional deprivation of property under Articles 14 and 31. The overall scheme was found to distribute the burden across the industry and remain closely tied to public interest, making the impugned Act and actions taken under it constitutionally valid. Case-Laws Indian Laws Wed, 06 May 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292111