https://www.taxtmi.com/caselaws?id=50713 Licences containing condition 8 were treated as subject to any prohibition or regulatory restriction in force on the date of importation. On that construction, the amended import policy effective from 1-4-1994 applied to imports made in May 1994 by a letter of authority holder, because condition 8 was not limited to the policy prevailing when the licence was issued. The earlier facility of import through a letter of authority holder was therefore not protected against the later restriction, and the import was held governed by the amended policy. en-us Thu, 22 Feb 2001 00:00:00 +0530 Wed, 25 Aug 2010 15:26:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50713 Licences containing condition 8 were treated as subject to any prohibition or regulatory restriction in force on the date of importation. On that construction, the amended import policy effective from 1-4-1994 applied to imports made in May 1994 by a letter of authority holder, because condition 8 was not limited to the policy prevailing when the licence was issued. The earlier facility of import through a letter of authority holder was therefore not protected against the later restriction, and the import was held governed by the amended policy. Case-Laws Central Excise Thu, 22 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50713