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of <h1>Customs Circular: Certificates for Merchant Exporters Under VBAL Scheme Limited to Specific Manufacturer Conditions.</h1> The circular issued by the Central Board of Excise & Customs addresses the issuance of certificates to merchant exporters under the Value Based Advance Licence (VBAL) scheme, confirming non-availment of MODVAT credit. It clarifies that certificates can only be issued when the exporter is a manufacturer exporter or a merchant exporter whose supporting manufacturer is within the jurisdiction of the concerned Range office. Merchant exporters who purchase goods from the market without identifying manufacturers are ineligible for such certificates. The circular further reiterates that no certificate should be issued to those who have not declared their supporting manufacturers as required under the Duty Exemption Scheme.
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