https://www.taxtmi.com/circulars?id=6395 An intermediate advance licence holder may use indigenous raw materials to manufacture intermediate products supplied under Rule 191BB without exceeding advance licence quantities, but is not entitled to claim Modvat credit on those indigenous inputs. Imported replenishment and materials imported against an Advance Licence for direct export obligations form distinct streams from deemed exports and cannot be mixed; Collectors must issue guidance and enforce inspections to ensure compliance. en-us Mon, 01 Jun 1992 00:00:00 +0530 Fri, 03 Jul 2009 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6395 An intermediate advance licence holder may use indigenous raw materials to manufacture intermediate products supplied under Rule 191BB without exceeding advance licence quantities, but is not entitled to claim Modvat credit on those indigenous inputs. Imported replenishment and materials imported against an Advance Licence for direct export obligations form distinct streams from deemed exports and cannot be mixed; Collectors must issue guidance and enforce inspections to ensure compliance. Circulars Central Excise Mon, 01 Jun 1992 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6395