HC : Strikes down pre-import condition absent nexus with object of Advance Authorisation Scheme

HC quashes pre-import condition in respect of Advance Authorisation (AA) imposed vide Notification No.33/2015-2020 as well as Notification No.79/2017 dated October 13, 2017, as ultra vires scheme of Foreign Trade Policy, 2015-2020 and Handbook of Procedure; Dismisses Revenue’s plea that “pre-import” condition means that entire materials covered by AA should invariably be imported first, either in entirety or in a phased manner, for use in the process of manufa...