Wednesday, August 26, 2020

Central Govt. empowered to impose ‘Quantitative Restrictions’ on Import: Supreme Court upholds Trade Notices [Read Judgment]

The Supreme Court while upholding the trade notices and notifications passed by the central govt held that under Section 3 the Foreign Trade (Development and Regulation) Act, 1992 (FTDR), the central government is empowered to impose ‘Quantitative Restrictions’ on Import. The petitioner M/s. Hira Traders had filed Writ Petition High Court of Judicature at Madras […]

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