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Customs - Highlights / Catch Notes

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Denial of exemption of DFIA benefits - While the legislative ...


Court Denies DFIA Benefits Exemption, Emphasizes Importance of Innovation and Technology Adoption in Policy Interpretation.

September 28, 2023

Case Laws     Customs     AT

Denial of exemption of DFIA benefits - While the legislative purpose and intent of policy makers is not required to be looked into for interpreting any notification, it can be broadly analysed that if at any stage policy makers want to encourage innovation and advent of new technologies including usage of new materials, then such broad based imports within an industry and within same SION may be require to be encouraged, rather than persisting with old technologies and materials which can only restrict innovation. - AT

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