Advance licence transfer permitted; imports may be transferred to another licence holder subject to Intermediate Advance Licence rules. The notification amends the exemption to allow goods imported under an Advance Licence to be imported for transfer to another Advance Licence holder by substituting the opening wording and rewriting condition (c); it also substitutes condition (g) to require that transfers of resultant products to another Advance Licence holder comply with the provisions relating to Intermediate Advance Licences in Chapter XIX of the Import & Export Policy.
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.
Advance licence transfer permitted; imports may be transferred to another licence holder subject to Intermediate Advance Licence rules.
The notification amends the exemption to allow goods imported under an Advance Licence to be imported for transfer to another Advance Licence holder by substituting the opening wording and rewriting condition (c); it also substitutes condition (g) to require that transfers of resultant products to another Advance Licence holder comply with the provisions relating to Intermediate Advance Licences in Chapter XIX of the Import & Export Policy.
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