Exemption for imports under provisional credits limited to production inputs; such inputs cannot be transferred or disposed. The substituted proviso confines exemption for imports against provisional credits to goods that are inputs required for use in production in the factory of the DEPB holder or in the factory of a supporting manufacturer specified in the DEPB, and prohibits transfer, loan, sale, parting with or disposal of such inputs in any manner, even after export credits have been earned to set off provisional credits.
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.
Exemption for imports under provisional credits limited to production inputs; such inputs cannot be transferred or disposed.
The substituted proviso confines exemption for imports against provisional credits to goods that are inputs required for use in production in the factory of the DEPB holder or in the factory of a supporting manufacturer specified in the DEPB, and prohibits transfer, loan, sale, parting with or disposal of such inputs in any manner, even after export credits have been earned to set off provisional credits.
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