https://www.taxtmi.com/caselaws?id=788016 The notification's exemption is to be determined with reference to the status of the advance licence on the date the bill of entry for home consumption is presented and the goods are cleared from the warehouse. Statutory provisions fix the date for duty rate and tariff valuation at presentation and clearance, and require production of the licence and certificate at clearance for debit. Applying those requirements yields the operative effect that entitlement to the customs exemption exists only if the advance licence is valid on the clearance date; expiry by that date terminates the exemption. en-us Thu, 05 Feb 2026 00:00:00 +0530 Mon, 16 Mar 2026 08:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788016 The notification's exemption is to be determined with reference to the status of the advance licence on the date the bill of entry for home consumption is presented and the goods are cleared from the warehouse. Statutory provisions fix the date for duty rate and tariff valuation at presentation and clearance, and require production of the licence and certificate at clearance for debit. Applying those requirements yields the operative effect that entitlement to the customs exemption exists only if the advance licence is valid on the clearance date; expiry by that date terminates the exemption. Case-Laws Customs Thu, 05 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788016