Set-PnPSearchConfiguration throws exception

[MudassarAli]

Trying to apply search configuration to Tenant through following command:

Set-PnPSearchConfiguration -Path "C:\temp\Search\02 - Test\searchconfig.xml" -Scope Subscription

But it throws following error:

Set-PnPSearchConfiguration : Invalid request: Export a new search configuration first, then use it to import if you are importing an outdated exported search configuration file

I am using latest version of PnP.Powershell (1.10.0)
Any body else having same issue?