Denial of exemption of DFIA benefits - While the legislative ...
Customs
September 28, 2023
Denial of exemption of DFIA benefits - While the legislative purpose and intent of policy makers is not required to be looked into for interpreting any notification, it can be broadly analysed that if at any stage policy makers want to encourage innovation and advent of new technologies including usage of new materials, then such broad based imports within an industry and within same SION may be require to be encouraged, rather than persisting with old technologies and materials which can only restrict innovation. - AT
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