Foreign Trad Policy - Despite absence of any power under Section ...

High Court Criticizes Retrospective Amendments Under Foreign Trade Act, 1992, Citing Harm to Export Businesses and Arbitrary Actions.

May 22, 2017

Case Laws     Customs     HC

Foreign Trad Policy - Despite absence of any power under Section 5 of the FTDR Act, 1992 for any retrospective amendment, several such amendments/instructions are being issued by respondent no.2 and are being arbitrarily applied in a retrospective manner, leading to unwarranted litigation and making an adverse impact on growth of export business - HC

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