By This Logic Supply Of Sniper Riffles From USA To Pakistan Will Have To Be Permitted By RBI: Madhya Pradesh HC Upholds Restrictions On Merchanting Trade Transactions As Per Import/ Export Policy

Akshita Saxena

15 Nov 2020 2:07 PM IST

  • By This Logic Supply Of Sniper Riffles From USA To Pakistan Will Have To Be Permitted By RBI: Madhya Pradesh HC Upholds Restrictions On Merchanting Trade Transactions As Per Import/ Export Policy

    The Indore Bench of the Madhya Pradesh High Court has held that once import/ export of a particular product is barred by the Government, the question of permitting 'Merchanting Trade Transactions' (MTT) in respect of that particular products does not arise. The order was passed recently with respect to MTT contract entered by the Petitioner for supply of PPE Kits from China to...

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