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2011 (7) TMI 427 - HC - CustomsRevoking the benefit granted under the Served From India Scheme (SFIS) - circular under challenge - Held that:- the Circular dated 15 July 2010 in so far as it directs the implementation of the decisions taken at serial nos. 1, 2(b), 4(ii) and 4(iii) of the meeting of the PIC dated 5 July 2010 is ultravires the Foreign Trade Policy for 2004-09 in its application to Petitioners. Consequently, the directions contained in paragraph 3 of the Circular to reopen the SFIS cases and to make recoveries in accordance with the decisions taken at the PIC meeting of 5 July 2010 is quashed and set aside as regards the implementation of the decision at serial nos. 1, 2(b), 4(ii) and 4(iii).
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