Advance Licence substitution: customs notification replaces Annual Advance Licence wording and updates policy paragraph reference. The Central Government amends Notification No. 48/99-Customs by substituting the phrase 'Annual Advance Licence... with Actual User Condition in terms of para 7.4A of the Export and Import Policy' with 'Advance Licence for Annual Requirement... with Actual User Condition in terms of paragraph 7.2 of the Export and Import Policy', thereby changing the licence nomenclature and the policy paragraph cited for the Actual User Condition.
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Advance Licence substitution: customs notification replaces Annual Advance Licence wording and updates policy paragraph reference.
The Central Government amends Notification No. 48/99-Customs by substituting the phrase "Annual Advance Licence... with Actual User Condition in terms of para 7.4A of the Export and Import Policy" with "Advance Licence for Annual Requirement... with Actual User Condition in terms of paragraph 7.2 of the Export and Import Policy", thereby changing the licence nomenclature and the policy paragraph cited for the Actual User Condition.
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