Deemed export benefits extended for specified petroleum related supplies, enabling advance licences where goods are manufactured in India. Nominated Agencies may operate airport showrooms for sale of plain and studded jewellery to foreign tourists subject to Customs procedure, a 60 day rule for unsold stock (to be exported or returned) and prescribed minimum value addition. Agencies must provide Customs countersigned sold/unsold statements, agency value certificates and Forward Inward Remittance Certificates; DTA units seeking replenishment must also submit original Customs attested invoices/shipping bills and a prescribed agency certificate. Deemed export benefits are extended to specified goods for petroleum operations, enabling Advance Licences for Deemed Export where goods are manufactured in India.
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.
Deemed export benefits extended for specified petroleum related supplies, enabling advance licences where goods are manufactured in India.
Nominated Agencies may operate airport showrooms for sale of plain and studded jewellery to foreign tourists subject to Customs procedure, a 60 day rule for unsold stock (to be exported or returned) and prescribed minimum value addition. Agencies must provide Customs countersigned sold/unsold statements, agency value certificates and Forward Inward Remittance Certificates; DTA units seeking replenishment must also submit original Customs attested invoices/shipping bills and a prescribed agency certificate. Deemed export benefits are extended to specified goods for petroleum operations, enabling Advance Licences for Deemed Export where goods are manufactured in India.
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