Duty exemption for imports under blanket advance licences requires certificate, bond and fulfilment of export obligations. Exemption from customs and additional duties is available for goods imported against a Blanket Advance Licence when covered by a Blanket Duty Exemption Entitlement Certificate and used as materials or mandatory spares for specified resultant products, subject to conditions: conformity to Part C of the Certificate (with limited CIF increase), written claim and bond/legal undertaking at clearance, export of resultant products/mandatory spares within the Certificate period or Committee extension, exclusive utilisation for manufacture or export (with limited carry over), specified port/depot routing for listed goods, and a cap on mandatory spares at five percent of the Licence CIF value.
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.
Duty exemption for imports under blanket advance licences requires certificate, bond and fulfilment of export obligations.
Exemption from customs and additional duties is available for goods imported against a Blanket Advance Licence when covered by a Blanket Duty Exemption Entitlement Certificate and used as materials or mandatory spares for specified resultant products, subject to conditions: conformity to Part C of the Certificate (with limited CIF increase), written claim and bond/legal undertaking at clearance, export of resultant products/mandatory spares within the Certificate period or Committee extension, exclusive utilisation for manufacture or export (with limited carry over), specified port/depot routing for listed goods, and a cap on mandatory spares at five percent of the Licence CIF value.
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