Wareshoused goods exclusions limit customs exemption for exports to Nepal subject to payment and route conditions. The amendment excludes certain wareshoused goods exported to Nepal from the notification's benefits where such exports occur against irrevocable letters of credit in freely convertible currency, for supplies to projects financed by specified multilateral agencies with payment in freely convertible currency, or where specified capital goods are exported under global tenders with payment in Indian currency, subject to a bank certificate evidencing receipt of payment and, for land customs, export only via Jogbani or Raxaul.
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.
Wareshoused goods exclusions limit customs exemption for exports to Nepal subject to payment and route conditions.
The amendment excludes certain wareshoused goods exported to Nepal from the notification's benefits where such exports occur against irrevocable letters of credit in freely convertible currency, for supplies to projects financed by specified multilateral agencies with payment in freely convertible currency, or where specified capital goods are exported under global tenders with payment in Indian currency, subject to a bank certificate evidencing receipt of payment and, for land customs, export only via Jogbani or Raxaul.
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