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Customs - Highlights / Catch Notes

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Doctrine of promissory estoppel - Claiming benefit as per the ...


Supreme Court rules promissory estoppel inapplicable for benefits under expired Exim Policy; new policy lacks export incentives.

November 7, 2022

Case Laws     Customs     SC

Doctrine of promissory estoppel - Claiming benefit as per the old exim policy - new exim policy does not grant such benefit - when the new Exim Policy 1990-93 is held to be applicable under which on export of ‘Minerals and Iron Ore”, there shall not be any benefit of additional licence, the appellant cannot be permitted to claim the benefit of additional licence under the old Exim Policy, which was not in existence. - SC

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