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    <title>2023 (2) TMI 788 - MADRAS HIGH COURT</title>
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    <description>A notification fixing a minimum c.i.f. value for betel nut imports was upheld as a Central Government measure, because the DGFT only authenticated the notification and did not exercise delegated statutory power barred by the Foreign Trade (Development and Regulation) Act, 1992. The Court also held that the Central Government could validly impose import restrictions and price-based regulation under the foreign trade law, with the Customs Act, 1962 and Customs Tariff Act, 1975 operating as part of a composite scheme once such restriction was made. The writ petitions were dismissed and the notification sustained as a valid policy measure.</description>
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    <pubDate>Fri, 28 Oct 2022 00:00:00 +0530</pubDate>
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      <title>2023 (2) TMI 788 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=434273</link>
      <description>A notification fixing a minimum c.i.f. value for betel nut imports was upheld as a Central Government measure, because the DGFT only authenticated the notification and did not exercise delegated statutory power barred by the Foreign Trade (Development and Regulation) Act, 1992. The Court also held that the Central Government could validly impose import restrictions and price-based regulation under the foreign trade law, with the Customs Act, 1962 and Customs Tariff Act, 1975 operating as part of a composite scheme once such restriction was made. The writ petitions were dismissed and the notification sustained as a valid policy measure.</description>
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      <pubDate>Fri, 28 Oct 2022 00:00:00 +0530</pubDate>
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