Special Value Based Advance Licence time limit restricts import eligibility to licences issued before a prescribed cutoff date. The Central Government, exercising powers under the Customs Act, amends Notification No. 104/93 Cus to insert a temporal limitation for the Special Value Based Advance Licence, restricting the applicability of the import exemption to licences issued on or before a prescribed cut off date by adding those words into the existing notification immediately after the reference to the said licence.
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.
Special Value Based Advance Licence time limit restricts import eligibility to licences issued before a prescribed cutoff date.
The Central Government, exercising powers under the Customs Act, amends Notification No. 104/93 Cus to insert a temporal limitation for the Special Value Based Advance Licence, restricting the applicability of the import exemption to licences issued on or before a prescribed cut off date by adding those words into the existing notification immediately after the reference to the said licence.
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