Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Misuse of the Special scheme to promote export - some benefits ...


Supreme Court Rules EXIM Policy Changes Do Not Violate Exporters' Rights; No Retrospective Effect u/s 5.

November 3, 2015

Case Laws     Customs     SC

Misuse of the Special scheme to promote export - some benefits which had already accrued to exporters under the EXIM Policy were taken away. - Notification issued u/s 5 could not be retrospective in nature, such retrospectivity have not deprived the writ petitioners/exporters of their right inasmuch as no right had accrued in favour of such persons under the Scheme - SC

View Source

 


 

You may also like:

  1. The Central Government has amended the export policy for Broken Rice under HS code 1006 40 00 with immediate effect, exercising powers conferred by Section 3 read with...

  2. Change of policy - Restriction of Letter of Permission – Constitutional Validity of para 7 of Appendix 14IC of Exim policy – Curtailment of period of licence – Change of...

  3. Income accrued in India - section 9(1)(i) - Explanation 5 has been given retrospective effect and Explanations 6 and 7 have been inserted in furtherance of the object of...

  4. The notification amends India's Foreign Trade Policy 2023 by inserting paras 1.07A and 1.07B to allow the Central Government to seek views, suggestions, comments or...

  5. Doctrine of promissory estoppel - Claiming benefit as per the old exim policy - new exim policy does not grant such benefit - when the new Exim Policy 1990-93 is held to...

  6. Cancellation of GST registration ab initio with retrospective effect from 01.07.2017 violated principles of natural justice as Show Cause Notice (SCN) did not specify...

  7. The Central Government is empowered to formulate and amend the Foreign Trade Policy. The impugned Notification prohibiting export of Non-Basmati White Rice, except in...

  8. The GOI amended import policies under Foreign Trade (Development & Regulation) Act, 1992, modifying restrictions on vessels under CTH 890690. Items under codes...

  9. Exemption u/s 11 - Cancelling Registration 12AA(3) and section 80G - contentions of the assessee that the registration granted u/s 12A cannot be cancelled with...

  10. HC invalidated retrospective GST registration cancellation due to procedural deficiencies in the show cause notice (SCN). The notice failed to indicate any intention of...

  11. Classification of goods - chlorinated paraffin - It is a settled law that any clarification with regard to any Act will always have retrospective effect for the reason...

  12. The Central Government has extended the State Trading Enterprise (STE) status of Indian Potash Limited (IPL) for importing Urea [Exim Code 31021010] on Government...

  13. Detention order quashed due to non-supply of crucial documents relied upon by detaining authority, violating detenu's right to make effective representation under...

  14. The circular specifies the following key points regarding pro-rata and pari-passu rights of investors in Alternative Investment Funds (AIFs): Pro-rata rights: Investors...

  15. Served From India Scheme - grant of excess duty credit - as per Joint Director (DGFT) they inadvertently computed the credit at 10% instead of 5% - Needless to say...

 

Quick Updates:Latest Updates