Replenishment scheme permits certified gold imports and authorises ARO or back-to-back inland LC sourcing alternatives. Importation of gold of eight karat and above under the replenishment scheme is permitted only with an Assay Certificate specifying purity, weight and alloy content. Advance Licence holders, holders of annual requirement licences, Diamond Imprest Licence holders and DFRC holders may source inputs from indigenous suppliers, State Trading Enterprises, EOU, SEZ, EHTP, STP and BTP units against Advance Release Orders denominated in foreign exchange or rupees; DFRC transferees are eligible for AROs, supplies from specified units may be provided without conversion into ARO, and an alternative Back-to-Back Inland Letter of Credit facility is available per the Handbook.
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.
Replenishment scheme permits certified gold imports and authorises ARO or back-to-back inland LC sourcing alternatives.
Importation of gold of eight karat and above under the replenishment scheme is permitted only with an Assay Certificate specifying purity, weight and alloy content. Advance Licence holders, holders of annual requirement licences, Diamond Imprest Licence holders and DFRC holders may source inputs from indigenous suppliers, State Trading Enterprises, EOU, SEZ, EHTP, STP and BTP units against Advance Release Orders denominated in foreign exchange or rupees; DFRC transferees are eligible for AROs, supplies from specified units may be provided without conversion into ARO, and an alternative Back-to-Back Inland Letter of Credit facility is available per the Handbook.
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