Conversion of DEEC shipping bills permitted where licence effectively unutilised, subject to officer satisfaction and procedural conditions apply. Conversion of DEEC Shipping Bills into Pass Book Shipping Bills is permitted where the Advance Licence becomes effectively unutilised for the relevant exports through payment of duty and interest or by transferring the debit entry against another valid licence or DEEC, provided the Assistant Commissioner of Customs is satisfied that the other Pass Book Scheme conditions for credit are met. Where exports under an Advance Licence occurred from multiple ports, conversion for exports from ports specified under the Pass Book Scheme may be effected by deleting the relevant shipping bill from Part F of the DEEC, subject to export obligation implications.
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.
Conversion of DEEC shipping bills permitted where licence effectively unutilised, subject to officer satisfaction and procedural conditions apply.
Conversion of DEEC Shipping Bills into Pass Book Shipping Bills is permitted where the Advance Licence becomes effectively unutilised for the relevant exports through payment of duty and interest or by transferring the debit entry against another valid licence or DEEC, provided the Assistant Commissioner of Customs is satisfied that the other Pass Book Scheme conditions for credit are met. Where exports under an Advance Licence occurred from multiple ports, conversion for exports from ports specified under the Pass Book Scheme may be effected by deleting the relevant shipping bill from Part F of the DEEC, subject to export obligation implications.
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