#Foreign Trade (Development and Regulation) Act, 1992

Gujarat HC struck down notifications that retroactively stripped exporters of Service Exports from India Scheme benefits, ruling that Section 5 of the Foreign Trade Act cannot be applied retrospectively. The decision safeguards vested export incentives for firms relying on SEIS.

Bombay HC affirmed the May 2026 notification barring sugar exports, holding that no vested right or legitimate expectation arises from a temporary export policy. The ruling keeps the export ban in force, affecting all domestic sugar exporters.