https://www.taxtmi.com/notifications?id=19316 Materials imported against a Special Value Based Advance Licence are exempted from customs and additional duties when covered by a prescribed Value Based Duty Exemption Entitlement Certificate, a bond/legal undertaking is executed, a declaration to the customs officer is made to pay duty on demand for non compliance, and the licence and certificate are produced for debit. Imports/exports must occur at specified ports or with Collector permission, materials must be used solely to meet the export obligation which must be discharged within the certificate period, and specified excise credits, facilities and drawback cannot be availed. en-us Tue, 16 Mar 1993 00:00:00 +0530 Mon, 29 Jun 2020 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=19316 Materials imported against a Special Value Based Advance Licence are exempted from customs and additional duties when covered by a prescribed Value Based Duty Exemption Entitlement Certificate, a bond/legal undertaking is executed, a declaration to the customs officer is made to pay duty on demand for non compliance, and the licence and certificate are produced for debit. Imports/exports must occur at specified ports or with Collector permission, materials must be used solely to meet the export obligation which must be discharged within the certificate period, and specified excise credits, facilities and drawback cannot be availed. Notifications Customs Tue, 16 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/notifications?id=19316