Powers to DGFT to exclude any product or products from the purview of Advance Licen
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....ion) Act, 1992 (No.22 of 1992) read with Paragraph 1.3 of the Foreign Trade Policy, 2004-2009 as amended from time to time, the Central Government hereby makes the following amendments : 1. Paragraph 4.1.3 is amended to read as under: Advance Licence 4.1.3 An Advance Licence is issued to allow duty free import of inputs, which are physically incorporated in the export product (making normal al....
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....r to a manufacturer exporter or merchant exporter tied to supporting manufacturer(s): i) for Physical exports (including exports to SEZ); and/ or ii) for Intermediate supplies; and /or iii) to the main contractor for supply of goods to the categories mentioned in paragraph 8.2 (b), (c), (d), (e), (f), (g), (i) and (j) of the Policy; for import of inputs required in the manufacture of goods. ....