https://www.taxtmi.com/notifications?id=3301 Materials imported under a Value Based Advance Licence issued on or after 19th September, 1995 are exempt from customs and additional duty subject to conditions: production of a prescribed Value Based Duty Exemption Entitlement Certificate, execution of a bond (unless export obligation discharged) binding payment of duty with interest for non compliance, presentation of licence and certificate at clearance, specified ports/depots for movement, discharge of export obligation by exporting listed Indian manufactured products (excluding those availing certain excise facilities or drawback), evidence of discharge within prescribed time, and prohibition on disposal except for utilisation or replenishment. en-us Tue, 19 Sep 1995 00:00:00 +0530 Mon, 29 Jun 2020 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3301 Materials imported under a Value Based Advance Licence issued on or after 19th September, 1995 are exempt from customs and additional duty subject to conditions: production of a prescribed Value Based Duty Exemption Entitlement Certificate, execution of a bond (unless export obligation discharged) binding payment of duty with interest for non compliance, presentation of licence and certificate at clearance, specified ports/depots for movement, discharge of export obligation by exporting listed Indian manufactured products (excluding those availing certain excise facilities or drawback), evidence of discharge within prescribed time, and prohibition on disposal except for utilisation or replenishment. Notifications Customs Tue, 19 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3301