https://www.taxtmi.com/caselaws?id=42577 Rights under an advance import licence were governed by the policy in force when the licence was issued, and the exporter's liability for any export shortfall remained limited to proportionate customs duty, interest, and surrender of replenishment licences for the unfulfilled portion. Subsequent public notices and policy amendments could not retrospectively impose a heavier replenishment licence burden on a transaction already governed and substantially completed under the earlier regime. The authority was also bound by its earlier specific direction on the exporter's obligations. The impugned demands were held illegal and without jurisdiction, and the writ petition succeeded with consequential relief. en-us Thu, 23 Mar 1989 00:00:00 +0530 Sat, 12 Jun 2010 10:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42577 Rights under an advance import licence were governed by the policy in force when the licence was issued, and the exporter's liability for any export shortfall remained limited to proportionate customs duty, interest, and surrender of replenishment licences for the unfulfilled portion. Subsequent public notices and policy amendments could not retrospectively impose a heavier replenishment licence burden on a transaction already governed and substantially completed under the earlier regime. The authority was also bound by its earlier specific direction on the exporter's obligations. The impugned demands were held illegal and without jurisdiction, and the writ petition succeeded with consequential relief. Case-Laws Customs Thu, 23 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42577