Separate bonds under the Intermediate Advance Licensing Scheme now allow intermediate manufacturers and exporters to execute individual bonds. The Import Export policy amendment under the Intermediate Advance Licensing Scheme removes the joint bond requirement and allows the Intermediate Manufacturer and the manufacturer of the export product to execute separate individual bonds, thereby modifying para 3 of the Board's earlier instructions; field formations are to be advised for implementation.
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.
Separate bonds under the Intermediate Advance Licensing Scheme now allow intermediate manufacturers and exporters to execute individual bonds.
The Import Export policy amendment under the Intermediate Advance Licensing Scheme removes the joint bond requirement and allows the Intermediate Manufacturer and the manufacturer of the export product to execute separate individual bonds, thereby modifying para 3 of the Board's earlier instructions; field formations are to be advised for implementation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
