Import licensing: licence holders may substitute agglomerated stone imports with rough marble blocks under specified conditional endorsement requirements. Import licences for rough/unprocessed blocks and slabs of agglomerated/artificial stones are amended to permit licence holders the option to import either the agglomerated/artificial items originally licensed or rough marble blocks/slabs identified by specified Exim codes; any substitution or enhanced quantity import is subject to all conditions applicable to marble imports, including floor price requirements and must be endorsed by the relevant Regional Authority within the prescribed period, with enhanced quantities permitted for utilisation only after the start of the next financial year.
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Provisions expressly mentioned in the judgment/order text.
Import licensing: licence holders may substitute agglomerated stone imports with rough marble blocks under specified conditional endorsement requirements.
Import licences for rough/unprocessed blocks and slabs of agglomerated/artificial stones are amended to permit licence holders the option to import either the agglomerated/artificial items originally licensed or rough marble blocks/slabs identified by specified Exim codes; any substitution or enhanced quantity import is subject to all conditions applicable to marble imports, including floor price requirements and must be endorsed by the relevant Regional Authority within the prescribed period, with enhanced quantities permitted for utilisation only after the start of the next financial year.
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