advance licence -nagative list of import item

[MUKUND THAKKAR]

Dear Experts,

on of my clients want to import items which is following under negative list of import items,

now he wants to import under advance license. same is possible? if yes please suggest with the reference.

[Mahir S]

Sir,

Even Negative List items can be imported against exports on payment of duty against specific licences and also without payment of duty against Advance Licence.

The regional licensing authority have been empowered to issue licence for negative list items on the basis of recommendations received from the special licensing committee of the head quarters.

[MUKUND THAKKAR]

Dear Naveedji,

Thanks for guidelines.

AI Summary

Advance Licence allows duty-free import of negative list items when issued following regional licensing recommendations. Advance Licence permits duty-free importation of items on the negative import list when issued against export obligations; negative list imports may alternatively be permitted against specific licences with duty. Regional licensing authorities may issue licences for negative list items based on recommendations from the Special Licensing Committee at headquarters.