GLOBAL TRADEX LIMITED Vs. UNION OF INDIA

JUDGEMENT

(1.) Rule. The Respondents waive service. By consent, Rule made returnable forthwith.

(2.) By this Writ Petition under Article 226 of the Constitution of India, the Petitioners pray for the following reliefs:-

(3.) The above reliefs are claimed on the basis that the Petitioners, a partnership firm is engaged, inter alia, in the business of import of Alloy Steel Deformed/Reinforcement Bar falling under Chapter Heading 72.28 of the First Schedule to the Customs Tariff Act, 1975 (for short 'CTA') read with corresponding Schedule-1 of the Indian Trade Classification (Harmonised Systems) [in short 'ITC (HS)'] classification of import and export items issued by the Central Government in exercise of the powers conferred by the Foreign Trade (Development and Regulation) Act, 1992 read with the Foreign Trade Policy announced from time to time.