Conversion of Release Advice into Advance Release Orders allows domestic sourcing of steel inputs subject to documentation and limited validity. Conversion of outstanding or partially serviced Release Advice into Advance Release Order is authorised to permit domestic sourcing of iron and steel intermediates. Exporters must surrender un serviced Release Advice and file Appendix 11-B with supporting documents (application fee receipt, RCMC copy, customs attested invoices, export promotion shipping bill copies and a declaration of non receipt of Duty Drawback/Duty Exemption benefits) within three months. Advance Release Orders are issued in Appendix 11-G form, valid for twelve months with no revalidation. Domestic suppliers whose supplies were effected will be treated as supplies under Advance Release Orders and may claim deemed export benefits but not the Special Value Based Advance Intermediate Licence; applications for past supplies must be filed within six months.
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Provisions expressly mentioned in the judgment/order text.
Conversion of Release Advice into Advance Release Orders allows domestic sourcing of steel inputs subject to documentation and limited validity.
Conversion of outstanding or partially serviced Release Advice into Advance Release Order is authorised to permit domestic sourcing of iron and steel intermediates. Exporters must surrender un serviced Release Advice and file Appendix 11-B with supporting documents (application fee receipt, RCMC copy, customs attested invoices, export promotion shipping bill copies and a declaration of non receipt of Duty Drawback/Duty Exemption benefits) within three months. Advance Release Orders are issued in Appendix 11-G form, valid for twelve months with no revalidation. Domestic suppliers whose supplies were effected will be treated as supplies under Advance Release Orders and may claim deemed export benefits but not the Special Value Based Advance Intermediate Licence; applications for past supplies must be filed within six months.
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