HC: DGFT's Public Notice disallowing Advance Authorization issuance amounting to FTP provision amendment, 'illegal'

Delhi HC quashes Public Notice No.35/2015-2020 dated September 26, 2019 disallowing issuance of Advance Authorization for the import of Gold Bars where export item is “Gold Medallions and Coins" or "Any Jewellery manufactured by fully mechanized process”; Holds that "the power exercised by DGFT under paragraph 1.03 of the Foreign Trade Policy 2015-2020 is illegal and the same deserves to be quashed and set aside";  Finds force in assessee’s plea...