Duty exemption for imports under Special Value Based Advance Licence subject to licence, certificate and export obligation conditions. Exemption from customs and additional duties is granted for materials imported under a Special Value Based Advance Licence for ready-made garments, conditioned on a Value Based Duty Exemption Entitlement Certificate, production of licence and certificate at customs clearance, execution of a bond to cover duties and interest if conditions are breached, utilisation of exempt materials solely for export manufacture, discharge of export obligation within prescribed periods or extensions, and adherence to specified ports and procedural documentation set out in the DEEC.
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 Special Value Based Advance Licence subject to licence, certificate and export obligation conditions.
Exemption from customs and additional duties is granted for materials imported under a Special Value Based Advance Licence for ready-made garments, conditioned on a Value Based Duty Exemption Entitlement Certificate, production of licence and certificate at customs clearance, execution of a bond to cover duties and interest if conditions are breached, utilisation of exempt materials solely for export manufacture, discharge of export obligation within prescribed periods or extensions, and adherence to specified ports and procedural documentation set out in the DEEC.
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