Positive value addition applies to advance licences for deemed exports, with Appendix 39 held inapplicable to such transactions. Advance Licences for deemed exports must meet the same positive value addition requirement as other Advance Licences; Appendix 39 of the Handbook of Procedures applies only to exports to Rupee Payment Areas and is not applicable to deemed exports, a position affirmed by the Policy Review Committee and earlier Policy Division guidance.
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.
Positive value addition applies to advance licences for deemed exports, with Appendix 39 held inapplicable to such transactions.
Advance Licences for deemed exports must meet the same positive value addition requirement as other Advance Licences; Appendix 39 of the Handbook of Procedures applies only to exports to Rupee Payment Areas and is not applicable to deemed exports, a position affirmed by the Policy Review Committee and earlier Policy Division guidance.
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