Telangana HC quashes DGFT circular affecting Adani port
after close1 source ↓written by the desknot a recommendation
- that restricted export
- 2018 DGFT circular
The Telangana High Court has quashed a 2018 DGFT circular that restricted export benefits under the Service Exports from India Scheme (SEIS) for Adani Gangavaram Port Limited. The court ordered a refund of ₹2.95 cr with interest, stating the circular was ultra vires. This ruling may enhance operational clarity for port operators in India.
Not investment advice. For informational purposes only.