https://www.taxtmi.com/notifications?id=3054 Exemption for materials imported under an Advance Licence relieves specified customs and additional duties subject to conditions: conformity with the licence, production at clearance, endorsements linking imports to resultant exports, execution of a bond (unless export obligation discharged), use of specified ports/depots/SEZs unless permitted otherwise, discharge and proof of export obligation within prescribed/extended periods, prohibition on transfer or sale of licence and materials (with limited post bond redemption transfers), joint bonds and utilisation requirements for merchant exporters, re export of defective materials within three years if identified, and an interest cap on default regularisation. en-us Fri, 10 Sep 2004 00:00:00 +0530 Sat, 08 Jul 2017 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3054 Exemption for materials imported under an Advance Licence relieves specified customs and additional duties subject to conditions: conformity with the licence, production at clearance, endorsements linking imports to resultant exports, execution of a bond (unless export obligation discharged), use of specified ports/depots/SEZs unless permitted otherwise, discharge and proof of export obligation within prescribed/extended periods, prohibition on transfer or sale of licence and materials (with limited post bond redemption transfers), joint bonds and utilisation requirements for merchant exporters, re export of defective materials within three years if identified, and an interest cap on default regularisation. Notifications Customs Fri, 10 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3054