https://www.taxtmi.com/caselaws?id=42565 Free transferability of REP licences under the 1988-91 Import and Export Policy was treated as part of an export-promotion scheme designed to replenish inputs for exported goods and improve availability of imported materials. The policy was justified as a practical mechanism to avoid supplementary licensing and facilitate export activity. Judicial review of such economic policy choices was limited to cases of patent arbitrariness, discrimination, illegality, or mala fides. On the facts, the policy did not amount to unconstitutional discrimination or violate the exporter's fundamental rights, and the challenge to Para 183 failed. en-us Mon, 19 Sep 1988 00:00:00 +0530 Sat, 12 Jun 2010 10:09:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42565 Free transferability of REP licences under the 1988-91 Import and Export Policy was treated as part of an export-promotion scheme designed to replenish inputs for exported goods and improve availability of imported materials. The policy was justified as a practical mechanism to avoid supplementary licensing and facilitate export activity. Judicial review of such economic policy choices was limited to cases of patent arbitrariness, discrimination, illegality, or mala fides. On the facts, the policy did not amount to unconstitutional discrimination or violate the exporter's fundamental rights, and the challenge to Para 183 failed. Case-Laws Customs Mon, 19 Sep 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42565