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of <h1>Central Government Amends Notification No. 82/92-Central Excises for Duty-Free Import License Goods Clearance Process</h1> The Central Government has amended Notification No. 82/92-Central Excises, dated 27th August 1992, under the Central Excise Act, 1944, to include provisions for goods supplied to holders of duty-free import licenses. The amendment allows goods to be cleared against an advance release order or a back-to-back inland letter of credit issued by a bank, as specified in the Export and Import Policy. The duty-free license holder must present the necessary documents to the Central Excise officer, who will debit the quantity and value of goods before clearance. The amendment aims to facilitate trade in the public interest.
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