Special Advance Licensing Scheme for electronics enables production based advance licences with import first, actual user compliance requirements. The Special Advance Licensing Scheme (Appendix 53) authorises eligible manufacturer exporters of electronic products to obtain Advance licences on a production programme basis, subject to positive value addition and the requirement that imports precede exports under Actual User non transferable conditions. Licence issuance is based on applicant declarations of inputs and quantities, with technical specifications furnished to Customs at clearance. Licence holders must execute BG/LUT, record imports in DEEC (Imports) for Customs certification, and submit six monthly import/export details to the designated officer of the Department of Electronics, whose verification of input utilisation and wastage governs Customs and DGFT certification and discharge procedures.
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Provisions expressly mentioned in the judgment/order text.
Special Advance Licensing Scheme for electronics enables production based advance licences with import first, actual user compliance requirements.
The Special Advance Licensing Scheme (Appendix 53) authorises eligible manufacturer exporters of electronic products to obtain Advance licences on a production programme basis, subject to positive value addition and the requirement that imports precede exports under Actual User non transferable conditions. Licence issuance is based on applicant declarations of inputs and quantities, with technical specifications furnished to Customs at clearance. Licence holders must execute BG/LUT, record imports in DEEC (Imports) for Customs certification, and submit six monthly import/export details to the designated officer of the Department of Electronics, whose verification of input utilisation and wastage governs Customs and DGFT certification and discharge procedures.
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