Imports against Special Value Based Advance Licence for export of readymade garments under Scheme B - Amendment to Notification No. 107/95-Cus. - 140/95 - Customs -Tariff
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Bond requirement for imports and exports; interest on cleared materials and export evidence to satisfy customs. Amendments revise conditions for Special Value Based Advance Licence imports and exports: clause (b) of condition (3) is omitted; clause (c) is supplemented to require interest on cleared materials from the date of clearance; condition (5) now requires the export certificate together with evidence of discharge of export obligation to the satisfaction of the Assistant Commissioner of Customs. The Schedule substitutes prior legal undertaking language with a bond to be executed before customs clearance for both import and export entries, and omits Part I of the export entries.
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Bond requirement for imports and exports; interest on cleared materials and export evidence to satisfy customs.
Amendments revise conditions for Special Value Based Advance Licence imports and exports: clause (b) of condition (3) is omitted; clause (c) is supplemented to require interest on cleared materials from the date of clearance; condition (5) now requires the export certificate together with evidence of discharge of export obligation to the satisfaction of the Assistant Commissioner of Customs. The Schedule substitutes prior legal undertaking language with a bond to be executed before customs clearance for both import and export entries, and omits Part I of the export entries.
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