Importer not Entitled for Proportionate Increase in Import Quota when CTO on Enhanced Production Capacity issued after Fixing Total Import Limit: SC [Read Judgement]

Importer - Entitle - Proportionate - Increase - Import - Quota - CTO - Enhanced – Production - Capacity - issued – Fixing – Total - Import – Limit - SC – TAXSCAN

In a significant case, the Supreme Court has held that the importer is not entitled to the proportionate Increase in import Outa when Consent to Operate (CTO) on enhanced production capacity was issued after fixing the total import limit and upheld the decision of the Delhi High Court which set aside the increased quota allocated…

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