https://www.taxtmi.com/notifications?id=3153 Materials imported against an Advance Licence are exempt from specified customs duties provided imports are covered by a Duty Exemption Entitlement Certificate, the licence and certificate are produced at clearance, and export obligation in respect of specified resultant products is discharged within the prescribed period. The importer must execute a bond with security to secure payment of duties with interest where conditions are not met; bonds are unnecessary after full discharge. Re-export of defective goods within three years and administrative limits on interest in default cases are prescribed. en-us Thu, 27 Apr 2000 00:00:00 +0530 Fri, 26 Jun 2020 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3153 Materials imported against an Advance Licence are exempt from specified customs duties provided imports are covered by a Duty Exemption Entitlement Certificate, the licence and certificate are produced at clearance, and export obligation in respect of specified resultant products is discharged within the prescribed period. The importer must execute a bond with security to secure payment of duties with interest where conditions are not met; bonds are unnecessary after full discharge. Re-export of defective goods within three years and administrative limits on interest in default cases are prescribed. Notifications Customs Thu, 27 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3153