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of <h1>Customs Circular: Licenses Under Duty Exemption Scheme Must Follow Standard Norms Per Export-Import Policy Guidelines.</h1> The circular from the Central Board of Excise & Customs addresses the issuance of licenses under the Duty Exemption Scheme. It clarifies that licenses should not be repeatedly issued based on norms fixed in individual cases unless such norms are included in the standard input-output and value addition norms. This is in line with the Export-Import Policy, which specifies that value-based licenses are only to be issued for products with established norms. Licensing authorities are reminded to adhere to these guidelines and ensure wide dissemination of these instructions.
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