2009 (7) TMI 840

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..... ed to know the basis for the authority arriving at such conclusion, particularly considering that the petitioners had contended that they had a value based licence and not a quantity based advance licence. - matter remanded back to DGFT - 439 of 2009, 1584 of 2009 - - - Dated:- 13-7-2009 - Sanjib Banerjee, J. REPRESENTED BY : Shri Bhaskar Sen, Sr. Advocate, for the Petitioner. Sh .....

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..... y 17, 2006 and reasoned that it had fulfilled the export obligation and sought time to import or export goods on the overall value of the licence without any quantitative restriction being imposed. It is the petitioners' case that the licence was based on paragraph 110 of the handbook. Paragraph 110 would show that a value based advance licence may be issued where the individual quantities are irr .....

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..... he petitioner company. The conclusion followed abruptly thereafter without the authority indicating a link between what preceded the final paragraph and the conclusion evident in the final paragraph. 6. The order refused to grant or renew any licence to the petitioner company. It has serious consequences and would affect the business of the petitioners. The petitioners are, at the very least, en .....

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