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2010 (3) TMI 504 - BOMBAY HIGH COURTTV Broadcast and studio equipment – EXIM Policy – Import during new policy while licence issued under old policy. Now question arise provisions of which policy applicable. Replenishment licence issued under policy AM 1988-91 but imports made in June 1992 after expiry of AM 1988-91. Held that- in the light of the decision of Jain Exports (P) Ltd. v. Union of India 2008 -TMI - 43311 - SUPREME COURT OF INDIA imports effected in pursuance of REP licence dated 13.12.1990 would be governed by Import Export Policy AM 1988-91.
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