Advance license net contents declaration required to secure accountability of imported inputs and avoid post issue modifications by authorities. Advance license issuance under Para 7.5 allows grant on self declaration where SION are not fixed, but applicants should declare net contents and technical specifications of inputs in the application and shipping bills because ALC may later fix norms on content or wastage bases and apply conditions equivalent to SION; declaring net contents avoids problems in regularisation and closure when norms are confirmed or export product descriptions are modified to ensure accountability of imported inputs.
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.
Advance license net contents declaration required to secure accountability of imported inputs and avoid post issue modifications by authorities.
Advance license issuance under Para 7.5 allows grant on self declaration where SION are not fixed, but applicants should declare net contents and technical specifications of inputs in the application and shipping bills because ALC may later fix norms on content or wastage bases and apply conditions equivalent to SION; declaring net contents avoids problems in regularisation and closure when norms are confirmed or export product descriptions are modified to ensure accountability of imported inputs.
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