Notification Prohibiting Export of Non-Basmati White Rice Have No Retrospective Effect: Andhra Pradesh HC [Read Order]

The court held that the Notification shall have prospective effect only and it shall not impede the petitioners' exports of non-Basmati white rice in fulfilment of their contractual obligations with the foreign buyers.
Andhra Pradesh High - Court Andhra - Pradesh HC - AP High Court - DGFT Directorate - TAXSCAN

In a recent case, the Andhra Pradesh High Court has held that the trade notification issued by the Directorate General of Foreign Trade ( DGFT ) prohibiting the export of non-basmati white rice cannot have a retrospective effect. Sree Murali Mohana Boiled & Raw Rice Mill Pvt. Ltd, the petitioners are engaged in the business…

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