Duty exemption for imports under Advance Licence allows customs relief where conditions on certificate, bond, export and use are met. Exemption from customs and additional duty for goods imported against an Advance Licence or Advance Release Order is allowed where imports are covered by a Duty Exemption Entitlement Certificate, the importer claims the exemption, executes a bond and declaration at clearance, and exports resultant products and mandatory spares as specified within the certificate period or permitted extension; exempt materials must be used only for manufacture of specified resultant products or exported as mandatory spares, subject to port restrictions for certain goods and procedural certificate endorsements for bond discharge.
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 Advance Licence allows customs relief where conditions on certificate, bond, export and use are met.
Exemption from customs and additional duty for goods imported against an Advance Licence or Advance Release Order is allowed where imports are covered by a Duty Exemption Entitlement Certificate, the importer claims the exemption, executes a bond and declaration at clearance, and exports resultant products and mandatory spares as specified within the certificate period or permitted extension; exempt materials must be used only for manufacture of specified resultant products or exported as mandatory spares, subject to port restrictions for certain goods and procedural certificate endorsements for bond discharge.
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