Cancellation of BG/LUT contingent on export verification-selected Advance Licence holders must submit prescribed documents for verification. Cancellation of bonds or bank guarantees furnished under Advance Licence is contingent on export verification or documentary scrutiny; selected licence holders must furnish documents per Annexure to Public Notice No.11/2011 to the DEEC Monitoring Cell at JNCH by the prescribed deadline to enable verification and consequent cancellation of BG/LUT. The notice categorises cases into those selected for verification, those prescribed by DGFT for verification, and those accepted without verification, and lists the specific Advance Licence holders in each category.
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.
Cancellation of BG/LUT contingent on export verification-selected Advance Licence holders must submit prescribed documents for verification.
Cancellation of bonds or bank guarantees furnished under Advance Licence is contingent on export verification or documentary scrutiny; selected licence holders must furnish documents per Annexure to Public Notice No.11/2011 to the DEEC Monitoring Cell at JNCH by the prescribed deadline to enable verification and consequent cancellation of BG/LUT. The notice categorises cases into those selected for verification, those prescribed by DGFT for verification, and those accepted without verification, and lists the specific Advance Licence holders in each category.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
