Bombay High Court Quashes Show Cause Notice Against Petitioner in SFIS Duty Credit Scrip Case — Misreading of Division Bench Judgment Leads to Unjustified Reopening of Settled Claims. The court held that a policy circular held to be prospective cannot be used to reopen benefits already granted and utilized, and that a show cause notice based on a misreading of a prior judgment is untenable.
7 Feb 2025The petitioner, Essar Shipping Limited, challenged a show cause notice dated January 13, 2023, issued by the Director General of Foreign Trade (DGFT) ...





