https://www.taxtmi.com/circulars?id=815 Revisions create Scheme 'A' and Scheme 'B' under the Special Value Based Advance Licensing for ready made garments. Scheme 'A' permits Brand Rate drawback, caps trimmings and embellishments at 20% of licence CIF value, enforces actual user use of inputs in exported garments, and requires bonds with bank guarantees. Scheme 'B' ties licence entitlement to the buyer's irrevocable letter of credit, allows back to back overseas LCs up to 50% of that LC, restricts trimmings and sample yardage to 3% of the back to back LC, mandates physical import before export, and applies drawback, bond and non transfer conditions. en-us Tue, 13 Jun 1995 00:00:00 +0530 Wed, 16 Jul 2025 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=815 Revisions create Scheme 'A' and Scheme 'B' under the Special Value Based Advance Licensing for ready made garments. Scheme 'A' permits Brand Rate drawback, caps trimmings and embellishments at 20% of licence CIF value, enforces actual user use of inputs in exported garments, and requires bonds with bank guarantees. Scheme 'B' ties licence entitlement to the buyer's irrevocable letter of credit, allows back to back overseas LCs up to 50% of that LC, restricts trimmings and sample yardage to 3% of the back to back LC, mandates physical import before export, and applies drawback, bond and non transfer conditions. Circulars Customs Tue, 13 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=815