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Indian Supreme Court agricultural trade rulings
Overview
The Supreme Court of India has issued rulings regarding the regulation and enforcement of agricultural commodity trade standards and import/export quotas.
In one instance, the Court upheld the absolute confiscation of imported pulses, beans, and peas that exceeded permitted quotas. The ruling established that importers cannot claim a ‘bona fide belief’ regarding the legality of their imports based on interim orders from High Courts, reinforcing existing trade notifications and restrictions.
In a separate matter, the Court dismissed a review petition concerning basmati rice export standards. The dispute involved whether exporters must comply with Food Safety and Standards Authority of India (FSSAI) compositional standards in addition to Foreign Trade Policy conditions. The case arose after a shipment of brown basmati rice failed to meet specific FSSAI requirements for cooked rice length and elongation, leading to legal efforts to classify the goods as non-basmati rice for the purpose of duty recovery and penalties.
Entities
Directorate General of Foreign Trade · Senior India Pvt Ltd · ITC Limited · Food Safety and Standards Authority of India · Supreme Court of India
Timeline
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[BUSINESS] 2 sourcesSupreme Court rules on basmati rice export and FSSAI standards
The Supreme Court of India dismissed a petition regarding whether basmati rice exporters must meet FSSAI compositional standards alongside Foreign Trade Policy export conditions.
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[BUSINESS] 2 sourcesSupreme Court of India upholds confiscation of excess-quota pulses
The Supreme Court of India upheld the absolute confiscation of imported peas and pulses that exceeded government-mandated quotas, rejecting claims of bona fide belief based on interim court orders.
Sources
amlegals.com · taxguru.in · taxscan.in