https://www.taxtmi.com/caselaws?id=43651 Export permission must conform to the governing export policy: the authorities accepted export of the 100 bags of sandalwood flakes and chips covered by the valid licence, but refused export of the remaining 300 bags containing solid heartwood. A bank guarantee could not substitute for compliance with the export policy or make otherwise non-exportable goods exportable. The interlocutory order permitting export of the entire stock was therefore set aside, and export was confined to the licensed quantity. en-us Fri, 27 Aug 1993 00:00:00 +0530 Sat, 19 Jun 2010 12:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43651 Export permission must conform to the governing export policy: the authorities accepted export of the 100 bags of sandalwood flakes and chips covered by the valid licence, but refused export of the remaining 300 bags containing solid heartwood. A bank guarantee could not substitute for compliance with the export policy or make otherwise non-exportable goods exportable. The interlocutory order permitting export of the entire stock was therefore set aside, and export was confined to the licensed quantity. Case-Laws Customs Fri, 27 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43651