TaxTMI 
TaxTMI 
Advance Licence - Instructions for verification of SBs covering exports
X X X X Extracts X X X X
X X X X Extracts X X X X
....ng In a recent study undertaken by the Directorate General of Inspection and Directorate General of Anti Evasion with regard to the procedure being followed in the field to prevent parties availing of the advance licensing route from getting double benefits, it has been noticed that the instructions issued by the Ministry from time to time on the subject have not been followed. As a result no ch....
X X X X Extracts X X X X
X X X X Extracts X X X X
....taken and the procedures to be followed by Customs as well as Central Excise formations in order to ensure that the double benefits are not availed by exporters working under these schemes. The instructions issued had clearly brought out the salient features separately for the VBAL and QBAL to ensure that the distinction between the two schemes are appreciated at the operational level. 3. The ma....
X X X X Extracts X X X X
X X X X Extracts X X X X
....4, the scheme (VBAL or QBAL) under which the export is proposed to be made and the certificate/ declaration envisaged in para 4 of Ministry's Circular 6/ 94(DBK) (F.No. 605/ 6/94-DBK dated 22.2.94) and circular letter 8/ 94-DBK (F.No. 605/6/94 dt. 3.5.94) are being furnished by the Exporter. Even under the Self Removal Scheme the Exporter should be advised to make the necessary declaration in the ....