Delhi HC suspends demand
notice issued by DGFT officers seeking recovery of sanctioned SFIS benefits
under relevant FTP during the period 2003 to 2014; Demand had been raised
pursuant to Bombay HC ruling in Shri. Naman Hotels wherein it was held that SFIS
benefits cannot be availed by companies rendering services under foreign brand;
Court notes petitioner’s reliance on judgment in Simplex Infrastructure Ltd
which had followed Gujarat HC decision in Alstom India Ltd; Petitioner has
challenged vires of Rule 7(3) of Foreign Trade (Development &
Regulation) Rules, Para 7(10) of FTP, constitution of Policy Interpretation
Committee (PIC) for the period prior to 2012, while pleading that concerned
DGFT officers have no jurisdiction to issue such demand notice in contravention
of Section 16 of Foreign Trade (Development and Regulation) Act; HC issues
notice to Revenue, and lists the matter for hearing on April 9, 2018 :
Delhi HC
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