Conditions rendering Advance Authorisation Scheme Nugatory are Unsustainable

Messrs Maxim Tube Company Pvt Ltd. Vs Union of India (Gujarat High Court)

CONCLUSION –

Condition that renders the very scheme of advance authorization nugatory, does not have any nexus to the objective of the advance authorization i.e. to boost export, is unsustainable in law.

FACTS –

Para 4.14 of the FTP was amended vide Please become a Premium member. If you are already a Premium member, login here to access the full content.