Restriction on disposal of imported materials: materials under Advance Intermediate Licence must be retained and may be used for manufacture. Amendment to Notification No. 204/92-Cus inserts a proviso to condition (vii) that materials imported against an Advance Intermediate Licence issued after 31 March 1993 shall not be disposed of after discharge of the export obligation and realisation of sale proceeds, and such materials may be utilised by the importer for manufacture of any other goods.
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.
Restriction on disposal of imported materials: materials under Advance Intermediate Licence must be retained and may be used for manufacture.
Amendment to Notification No. 204/92-Cus inserts a proviso to condition (vii) that materials imported against an Advance Intermediate Licence issued after 31 March 1993 shall not be disposed of after discharge of the export obligation and realisation of sale proceeds, and such materials may be utilised by the importer for manufacture of any other goods.
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