Import of components on net-to-net basis allowed subject to accountability clause and specification conformity in export documents. Import of components for export electronics may be authorized by the Licensing Authority on a net-to-net basis without wastage and subject to an accountability clause; component types and technical specifications must conform to those used in the resultant product and be reflected in Shipping Bills, with spares governed by the Policy for Spares and applicants responsible for ensuring imported goods are used in the export product.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Import of components on net-to-net basis allowed subject to accountability clause and specification conformity in export documents.
Import of components for export electronics may be authorized by the Licensing Authority on a net-to-net basis without wastage and subject to an accountability clause; component types and technical specifications must conform to those used in the resultant product and be reflected in Shipping Bills, with spares governed by the Policy for Spares and applicants responsible for ensuring imported goods are used in the export product.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
