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Showing contexts for: intermediate component in Jindal Drugs Ltd vs Union Of India & Ors on 17 April, 2017Matching Fragments
7. The petitioners state that the action of the respondents in applying, with retrospective effect, an amendment to Public Notice No.150/95, dated 21-9-1995, is being challenged because the petitioners were the beneficiaries of a scheme. It was known as the Pass Book Scheme. The petitioners were eligible, as far as the claim made for the relief vide Chapter VII of the Export and Import Policy. That was in effect from 1-4-1992 to 31-3-1997, though it was amended from suresh 37-WP-9.1999.doc time to time. It is stated that the import of raw materials, intermediates, components, etc., required for the products to be exported is permitted duty free. The Competent Authority issues licences in terms of Chapter VII.