Advance licence scope clarified: restriction applies only to procurements under para 7.2(a), preserving capital goods supplies. Trade notices restricting misuse of advance licences for deemed exports apply only to procurements of the type in para 7.2(a) of Appendix 14 I, Handbook of Procedures Vol I. Supplies of capital goods, raw materials for making capital goods for use within the unit, and items specified in sub paras (d), (e) and (f) of para 7.2 remain eligible under the existing policy and are not affected by Trade Notice No.11.
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Provisions expressly mentioned in the judgment/order text.
Advance licence scope clarified: restriction applies only to procurements under para 7.2(a), preserving capital goods supplies.
Trade notices restricting misuse of advance licences for deemed exports apply only to procurements of the type in para 7.2(a) of Appendix 14 I, Handbook of Procedures Vol I. Supplies of capital goods, raw materials for making capital goods for use within the unit, and items specified in sub paras (d), (e) and (f) of para 7.2 remain eligible under the existing policy and are not affected by Trade Notice No.11.
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