Customs exemption amendments update eligible entities, replenishment authorisations, FOB-based benefit caps and NFE-based exit relief. Amendments add an eligible laboratory to a customs exemption, revise benefit rates for rhodium finish and silver jewellery as percentages of preceding year FOB exports and substitute 'Replenishment Licence' with 'Replenishment Authorisation' with updated Handbook cross references; they also permit one time clearance or debonding under Advance Authorization on payment of duty where a unit exits after meeting positive Net Foreign Exchange (NFE) criteria and add a definition and calculation method for NFE.
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Amendments add an eligible laboratory to a customs exemption, revise benefit rates for rhodium finish and silver jewellery as percentages of preceding year FOB exports and substitute "Replenishment Licence" with "Replenishment Authorisation" with updated Handbook cross references; they also permit one time clearance or debonding under Advance Authorization on payment of duty where a unit exits after meeting positive Net Foreign Exchange (NFE) criteria and add a definition and calculation method for NFE.
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