https://www.taxtmi.com/caselaws?id=429876 Processed iron ore exported during the Exim Policy 1990-93 remained ineligible for additional licence because minerals and iron ore were excluded from the relevant eligibility schedule. The exporter could not rely on an earlier policy once the new policy regime applied, and the incentive was not a vested right but a modifiable export benefit. Promissory estoppel did not apply because the scheme was capable of withdrawal or alteration, and alleged erroneous grants to other exporters did not create a right to equal treatment in illegality. The claim for additional licence was therefore rejected in law. en-us Fri, 04 Nov 2022 00:00:00 +0530 Fri, 17 Feb 2023 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429876 Processed iron ore exported during the Exim Policy 1990-93 remained ineligible for additional licence because minerals and iron ore were excluded from the relevant eligibility schedule. The exporter could not rely on an earlier policy once the new policy regime applied, and the incentive was not a vested right but a modifiable export benefit. Promissory estoppel did not apply because the scheme was capable of withdrawal or alteration, and alleged erroneous grants to other exporters did not create a right to equal treatment in illegality. The claim for additional licence was therefore rejected in law. Case-Laws Customs Fri, 04 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429876