https://www.taxtmi.com/caselaws?id=770150 Relaxation under paragraph 2.58 of the Foreign Trade Policy is discretionary and available only on genuine hardship, adverse trade impact or public interest; it is not a matter of right. The petitioner had missed the prescribed period for claiming MEIS benefit, and for some shipping bills export proceeds were realised beyond the policy period. The Policy Relaxation Committee distinguished between cases where realisation was within three years and those where it was not, and declined relief. Judicial review of that refusal is limited, and interference is justified only if the decision is perverse, arbitrary, capricious or contrary to the governing framework. The challenge therefore failed. en-us Tue, 22 Apr 2025 00:00:00 +0530 Wed, 07 May 2025 09:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770150 Relaxation under paragraph 2.58 of the Foreign Trade Policy is discretionary and available only on genuine hardship, adverse trade impact or public interest; it is not a matter of right. The petitioner had missed the prescribed period for claiming MEIS benefit, and for some shipping bills export proceeds were realised beyond the policy period. The Policy Relaxation Committee distinguished between cases where realisation was within three years and those where it was not, and declined relief. Judicial review of that refusal is limited, and interference is justified only if the decision is perverse, arbitrary, capricious or contrary to the governing framework. The challenge therefore failed. Case-Laws Customs Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770150