Verification of Advance Licence: Customs must confirm export records before cancelling bonds or allowing import benefits. Customs must verify export details shown in DGFT redemption letters or 'No Bond' certificates against Customs records before discharging Bonds/Bank Guarantees/LUTs or allowing imports under Advance Licences. Only licence holders, authorised employees or authorised CHAs may submit verification documents; persons submitting under 'Self' must obtain an Inspector issued identification number and present specified authorisations. Submissions require prescribed documentary checklists including DEEC statements, original shipping bills, bills of lading, customs attested invoices and bank realisation certificates. Verification registers, triplicate acknowledgements and next day processing timelines govern receipt, verification and return of licences, and separate procedures apply for post export and pre export (redeemed) licences.
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.
Verification of Advance Licence: Customs must confirm export records before cancelling bonds or allowing import benefits.
Customs must verify export details shown in DGFT redemption letters or "No Bond" certificates against Customs records before discharging Bonds/Bank Guarantees/LUTs or allowing imports under Advance Licences. Only licence holders, authorised employees or authorised CHAs may submit verification documents; persons submitting under "Self" must obtain an Inspector issued identification number and present specified authorisations. Submissions require prescribed documentary checklists including DEEC statements, original shipping bills, bills of lading, customs attested invoices and bank realisation certificates. Verification registers, triplicate acknowledgements and next day processing timelines govern receipt, verification and return of licences, and separate procedures apply for post export and pre export (redeemed) licences.
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