Exporters Can Discharge Export Obligations Without Bill of Export Under Foreign Trade Policy: Bombay High Court

Bombay High Court Quashes Show Cause Notice in Landmark Foreign Trade Policy Case Mumbai, August 2024: The Bombay High Court, in a significant judgment concerning India's Foreign Trade Policy (FTP) 2009-14, has quashed the arbitrary decisions of the Policy Relaxation Committee regarding the export obligations of a petitioner, resolving a long-standing dispute over the interpretation of procedural requirements under the Foreign Trade Development and Regulation (FTDR) Act. The case involved…