Validity of annual advance licence limited to inputs required for manufacture of specified export product group under Handbook of Procedure. The amendment narrows the annual advance licence's scope so the licence permits import only of inputs required for the manufacture of the export product that is covered under the same export product group specified in the Hand Book of Procedure, Volume II of the Export and Import Policy, replacing the earlier broader reference to standard input-output norms.
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.
Validity of annual advance licence limited to inputs required for manufacture of specified export product group under Handbook of Procedure.
The amendment narrows the annual advance licence's scope so the licence permits import only of inputs required for the manufacture of the export product that is covered under the same export product group specified in the Hand Book of Procedure, Volume II of the Export and Import Policy, replacing the earlier broader reference to standard input-output norms.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
