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    <title>Materials imported against an advance licence - Amendment to Notification No. 204/92-Cus.</title>
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    <description>Amendments require that if any item in an advance licence is not imported duty free, drawback of Customs and Central Excise duties on that item is admissible only after the Licensing Authority modifies the licence to delete that item; exempt materials may not be disposed of or utilised except to discharge export obligations until those obligations are fully discharged and export proceeds realised; transferability endorsements will not be made on Advance Intermediate Licences issued after the cut off; timing in the Schedule is changed to commence from the date of issue of licence.</description>
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