Advance Licence for deemed exports: amendment requires licence production at customs clearance and expands coverage to power and refinery supplies. The amendment requires the importer to produce, at the time of customs clearance for debit, the Advance Licence granted for deemed exports under the Export and Import Policy (paragraphs 7.3(c) and 7.2), and substitutes sub-clause (g) in the Explanation to include supply of goods to power and refinery projects not covered in (f).
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.
Advance Licence for deemed exports: amendment requires licence production at customs clearance and expands coverage to power and refinery supplies.
The amendment requires the importer to produce, at the time of customs clearance for debit, the Advance Licence granted for deemed exports under the Export and Import Policy (paragraphs 7.3(c) and 7.2), and substitutes sub-clause (g) in the Explanation to include supply of goods to power and refinery projects not covered in (f).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.