Regularisation of Advance Licences: exports with minor packaging differences may count toward obligation if inputs are accounted. Exports whose contents conform to the Advance Licence description may be counted toward export obligation despite differences in external description (such as packing size), provided inputs are properly accounted for under SION or ad hoc norms. This treatment applies even where the licence was already regularised but the exports were not counted, so long as the licence is still valid or has been revalidated by the competent authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regularisation of Advance Licences: exports with minor packaging differences may count toward obligation if inputs are accounted.
Exports whose contents conform to the Advance Licence description may be counted toward export obligation despite differences in external description (such as packing size), provided inputs are properly accounted for under SION or ad hoc norms. This treatment applies even where the licence was already regularised but the exports were not counted, so long as the licence is still valid or has been revalidated by the competent authority.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.