2024 (12) TMI 370 - SCH - Customs

Advance Authorisation Scheme - Export Promotion Schemes - transfer of Authorisation from the old unit to the new IEC - automatic extension of the export obligation period after amalgamation of the company - existence of company to which the original Authorisation was issued - fulfillment of export obligation after amalgamation - It was held by High Court that ' This court is of the opinion that the impugned order dated 14.5.2018 passed by the Appellate Committee suffers from the vice of nonapplication of mind to the relevant issues and is contrary to the provisions of the Handbook of Procedures, 2009-14, the Circular dated 16.11.2011 as well as the Public Notices issued in this regard from time to time, which renders the impugned order unsustainable in law.' HELD THAT - The Special Leave Petition is disposed of as having been rendered infructuous.

Summary

The Supreme Court disposed of the Special Leave Petition as infructuous since the directions issued by the High Court were complied with by the petitioner. The question of law arising in the matter is left open.