https://www.taxtmi.com/caselaws?id=32615 The court ruled in favor of the petitioners, declaring the Policy Relaxation Committee's decision void and unenforceable. The court emphasized the Committee's lack of authority to amend statutory export-import policy, highlighting the exclusive powers of the Central Government in such matters. The judgment underscored the importance of upholding statutory provisions and preventing administrative bodies from overstepping their jurisdiction, particularly in retrospective policy applications. The petitioners' challenge to the non-completion of export obligations under advance licenses was successful, leading to the setting aside of the Committee's decision and related demands. en-us Thu, 17 Jan 2008 00:00:00 +0530 Mon, 16 Mar 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32615 The court ruled in favor of the petitioners, declaring the Policy Relaxation Committee's decision void and unenforceable. The court emphasized the Committee's lack of authority to amend statutory export-import policy, highlighting the exclusive powers of the Central Government in such matters. The judgment underscored the importance of upholding statutory provisions and preventing administrative bodies from overstepping their jurisdiction, particularly in retrospective policy applications. The petitioners' challenge to the non-completion of export obligations under advance licenses was successful, leading to the setting aside of the Committee's decision and related demands. Case-Laws Customs Thu, 17 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32615