https://www.taxtmi.com/notifications?id=3289 Materials imported under an Advance Licence and covered by a Quantity Based Duty Exemption Entitlement Certificate are exempt from customs and specified additional duty subject to conditions: imports must be covered by the certificate in respect of value, quantity and specifications; the licence and certificate must be produced at clearance; a bond with security must be executed to secure duty and interest where conditions are not met (unless export obligation is discharged); export obligations must be fulfilled within the certificate period or extensions and evidenced to customs; and exempted materials are restricted to use for specified export products and replenishment only. en-us Tue, 19 Sep 1995 00:00:00 +0530 Mon, 29 Jun 2020 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3289 Materials imported under an Advance Licence and covered by a Quantity Based Duty Exemption Entitlement Certificate are exempt from customs and specified additional duty subject to conditions: imports must be covered by the certificate in respect of value, quantity and specifications; the licence and certificate must be produced at clearance; a bond with security must be executed to secure duty and interest where conditions are not met (unless export obligation is discharged); export obligations must be fulfilled within the certificate period or extensions and evidenced to customs; and exempted materials are restricted to use for specified export products and replenishment only. Notifications Customs Tue, 19 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3289