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    <title>Exemption to the materials when imported into India, covered by a Value Based Duty Exemption Entitlement Certificate, issued by the Licensing Authority on or after 1st April, 1995</title>
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    <description>Exemption from basic customs duty applies to materials imported against a Value Based Advance Licence and covered by a Value Based Duty Exemption Entitlement Certificate issued on or after 1 April 1995, subject to production of the licence and DEEC at customs clearance, bond and security requirements with specified interest for non-compliance, use restrictions until export obligation discharge, permitted ports/depots for trade, procedural proof of fulfilment to customs authorities within prescribed timeframes, and transferability rules for DEECs with stated exceptions.</description>
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    <pubDate>Fri, 31 Mar 1995 00:00:00 +0530</pubDate>
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      <description>Exemption from basic customs duty applies to materials imported against a Value Based Advance Licence and covered by a Value Based Duty Exemption Entitlement Certificate issued on or after 1 April 1995, subject to production of the licence and DEEC at customs clearance, bond and security requirements with specified interest for non-compliance, use restrictions until export obligation discharge, permitted ports/depots for trade, procedural proof of fulfilment to customs authorities within prescribed timeframes, and transferability rules for DEECs with stated exceptions.</description>
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