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<h1>Central Government exempts customs duties on imports under Advance Licence with conditions, per Customs Act, 1962.</h1> The notification issued by the Central Government under the Customs Act, 1962, exempts materials imported against an Advance Licence with Actual User Condition from customs duties. This exemption is applicable under the Export & Import Policy 1997-2002 and is subject to specific conditions. These include the requirement for an Actual User Duty Exemption Entitlement Certificate, execution of a bond by the importer, and fulfillment of export obligations. The imports and exports must occur through designated ports, airports, or depots. The notification also outlines provisions for re-exporting defective goods and conditions for merchant exporters.