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    <title>1987 (8) TMI 106 - HIGH COURT OF JUDICATURE AT BOMBAY</title>
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    <description>Import entitlement under an earlier endorsed licence had to satisfy both the policy in force when the endorsement was granted and the current import policy at the time of import. The Court treated goods falling outside what the current policy permitted as covered by the expression &quot;specifically banned&quot;, even if not expressly prohibited in specie. The distinction between additional licences and imprest licences did not change that principle, because the controlling question remained whether the current policy allowed import of the goods. On that basis, the challenge to the show cause notice failed and the notice was upheld.</description>
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    <pubDate>Wed, 19 Aug 1987 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=42075</link>
      <description>Import entitlement under an earlier endorsed licence had to satisfy both the policy in force when the endorsement was granted and the current import policy at the time of import. The Court treated goods falling outside what the current policy permitted as covered by the expression &quot;specifically banned&quot;, even if not expressly prohibited in specie. The distinction between additional licences and imprest licences did not change that principle, because the controlling question remained whether the current policy allowed import of the goods. On that basis, the challenge to the show cause notice failed and the notice was upheld.</description>
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      <pubDate>Wed, 19 Aug 1987 00:00:00 +0530</pubDate>
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