Pass Book quantity restriction: drawback admissible only after deletion of non-imported items from the Pass Book. Where a Pass Book with quantity restrictions includes an item not imported duty free, drawback of Customs and Central Excise duties on that item is admissible only after the Licensing Authority modifies the Pass Book to delete that item. Exempt materials must not be disposed of or utilised except to discharge export obligation and until export proceeds are realised, though they may be transferred to a supporting manufacturer named in the Pass Book. The Explanation's valuation reference is amended to the c.i.f. value of the Pass Book issued up to 31st March, 1993.
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Provisions expressly mentioned in the judgment/order text.
Pass Book quantity restriction: drawback admissible only after deletion of non-imported items from the Pass Book.
Where a Pass Book with quantity restrictions includes an item not imported duty free, drawback of Customs and Central Excise duties on that item is admissible only after the Licensing Authority modifies the Pass Book to delete that item. Exempt materials must not be disposed of or utilised except to discharge export obligation and until export proceeds are realised, though they may be transferred to a supporting manufacturer named in the Pass Book. The Explanation's valuation reference is amended to the c.i.f. value of the Pass Book issued up to 31st March, 1993.
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