S.B. INTL. LTD. vs ASSTT. DIRECTOR GENERAL OF F.T.

The Supreme Court examined the 'Duty Exemption Scheme' under the Export and Import Policy, specifically focusing on Clauses 49, 60, and 66. The Court held that the change in value addition norms from 1000% to 1900% was valid and applicable to the appellant's advance licence applications. The Court emphasized that the eligibility for duty-free licences is contingent upon fulfilling the specified export obligations and adhering to the norms set forth by the Chief Controller of Imports and Exports.