https://www.taxtmi.com/notifications?id=18866 Amendment restricts exempted imports to use only for fulfilling the licence-holder's manufacturing and supply obligations; spares and consumables must remain in the importer's factory and cannot be loaned, transferred, sold or disposed of. Transfer of benefit to third parties requires a transferability endorsement on the licence, which cannot be granted until the supply obligation is fulfilled. Inputs are defined to include specified raw materials, components, intermediates, consumables and spares limited in value for maintenance of installed capital goods, and Release Advice will not be issued where exemption has been availed under another scheme. en-us Thu, 09 Nov 1995 00:00:00 +0530 Mon, 03 Aug 2009 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=18866 Amendment restricts exempted imports to use only for fulfilling the licence-holder's manufacturing and supply obligations; spares and consumables must remain in the importer's factory and cannot be loaned, transferred, sold or disposed of. Transfer of benefit to third parties requires a transferability endorsement on the licence, which cannot be granted until the supply obligation is fulfilled. Inputs are defined to include specified raw materials, components, intermediates, consumables and spares limited in value for maintenance of installed capital goods, and Release Advice will not be issued where exemption has been availed under another scheme. Notifications Customs Thu, 09 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=18866