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<h1>India Exempts Materials for Exporting Garments from Customs Duties Under Special Licence, Customs Act 1962.</h1> The notification exempts materials imported into India under a Special Value Based Advance Licence for exporting readymade garments from customs duties, as per the Customs Act, 1962. This exemption applies if the materials are covered by a Value Based Duty Exemption Entitlement Certificate and if certain conditions are met, such as the importer having an export order backed by an irrevocable Letter of Credit. The materials must be used solely for manufacturing and exporting garments, and the export obligations must be fulfilled within a specified timeframe. Import and export must occur through designated ports or airports, with provisions for exceptions.