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QBAL- Licences issued under para 62/62A of EXIM Policy will be same as under para 50 of the Policy

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....he Commissioner of Customs, Bombay had made a reference to the Ministry regarding the difficulty faced by the Bombay Customs House in extending benefit of the exemption Notification No. 204/ 92-Customs dated 19.5.92 on inputs imported against a Quantity based licence issued under para 62A of the Exim Policy. It was stated that the term "Advance Licence" in Notfn. No. 204/92-Cus. has been defined a....

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QBAL- Licences issued under para 62/62A of EXIM Policy will be same as under para 50 of the Policy