Advance licence duty exemption for imported materials contingent on certificate, bond and specified export and use conditions. Exemption from whole customs duty and additional duty is available for goods imported against an Advance Licence where the importer holds a Duty Exemption Entitlement Certificate, makes a written claim at clearance, executes a bond or legal undertaking and declares to pay duty on demand for non compliance; exempt materials must match the particulars in Part C of the Certificate and resultant products and mandatory spares must be exported as specified in Part E within the prescribed period, with specified use, transfer, port restrictions and replenishment conditions.
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 duty exemption for imported materials contingent on certificate, bond and specified export and use conditions.
Exemption from whole customs duty and additional duty is available for goods imported against an Advance Licence where the importer holds a Duty Exemption Entitlement Certificate, makes a written claim at clearance, executes a bond or legal undertaking and declares to pay duty on demand for non compliance; exempt materials must match the particulars in Part C of the Certificate and resultant products and mandatory spares must be exported as specified in Part E within the prescribed period, with specified use, transfer, port restrictions and replenishment conditions.
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