FTP Transition Clause Offers No Shield Against Safeguard QRs: Delhi HC

Jsw Steel Limited & Anr Vs Union Of India & Ors (Delhi High Court) High Court finds that transition provisions under Clause 1.05 of the Foreign Trade Policy do not apply to quantitative restrictions imposed pursuant to safeguard investigations (28 Mar) On March 28, 2025, the Delhi High Court dismissed multiple petitions filed by importers and traders of Low Ash Metallurgical Coke (Met Coke), challenging DGFT Notification No. 44/2024-25 dated 26th December 2024. This notification, issued by the DGFT, imposed safeguard measures in the form of quantitative restrictions (QRs) on Met Coke...