https://www.taxtmi.com/caselaws?id=768164 Safeguard quantitative restrictions imposed under Section 9A of the Foreign Trade (Development and Regulation) Act, 1992 operate under a self-contained statutory regime triggered by inquiry, final findings and publication of the notification. Paragraph 1.05 of the Foreign Trade Policy, 2023 applies to ordinary policy changes in the general import framework and does not extend transitional protection to such safeguard restrictions. Imports covered by a safeguard notification are therefore governed by the quota fixed in the notification from the date of publication, and prior opening of irrevocable commercial letters of credit does not create an enforceable right to import beyond that quota. en-us Fri, 28 Mar 2025 00:00:00 +0530 Wed, 02 Apr 2025 08:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768164 Safeguard quantitative restrictions imposed under Section 9A of the Foreign Trade (Development and Regulation) Act, 1992 operate under a self-contained statutory regime triggered by inquiry, final findings and publication of the notification. Paragraph 1.05 of the Foreign Trade Policy, 2023 applies to ordinary policy changes in the general import framework and does not extend transitional protection to such safeguard restrictions. Imports covered by a safeguard notification are therefore governed by the quota fixed in the notification from the date of publication, and prior opening of irrevocable commercial letters of credit does not create an enforceable right to import beyond that quota. Case-Laws Customs Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768164