ASHOK BHAN, MARKANDEY KATJU
Baraka Overseas Traders – Appellant
Versus
Director General of Foreign Trade – Respondent
JUDGMENT
Markandey Katju, J.—This appeal has been filed against the impugned judgment & Order of the Andhra Pradesh High Court dated 24.3.2000 in Writ Petition No. 4755 of 1999.
2. Heard learned counsel for the parties and perused the record.
3. The writ petition was filed in the High Court challenging the order of the Director General of Foreign Trade (hereinafter referred to as the ‘DGTF’), New Delhi dated 19.2.1999 by which the appellant’s request for endorsement of transferability of the three licences in question, was refused.
4. The facts of the case are that to enable Indian exporters to compete effectively in the international market a scheme was framed by the Central Government named the ‘Duty Exemption Scheme’. Under this Scheme, import of certain specified input items required for the manufacture and export of resultant products was allowed with duty exemption benefits. For getting this benefit, the applicant exporter had to apply for licence with the details of the input requirements. In case, the standard input/output norms (SION) for a particular export product were already notified at the relevant point of time, the licences are normally issued by the Licensing Authority
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