Exemption to Materials Imported against Transferable Advance Licence

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.... 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts materials imported into India, against a Transferable Advance Licence (hereinafter referred to as the said licence), issued under Para 270A of the Import and Export Policy April 1990 - March 1993, published under section 3 of the Imports and Exports (Control) Act, 1947 (....

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....complete description, quantity, FOB value of product/products exported and relevant Serial Numbers of Appendix 13-C of the Import and Export Policy April 1990 - March 1993"; (b) "It has been verified from the Export Promotion copy of the Shipping Bills and the Bills of Export that the same bears an endorsement of the proper officer of Customs admitting the same for grant of Transferable Advance....

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....le Advance Licence has been endorsed on the Export documents including the Shipping Bill and Bills of exports; (iv) that the said licence has been issued against export of Engineering, Leather or Textile products for which input-output norms have been published under Appendix 13C of the Import and Export Policy April 1990 - March 1993; (v) that the said licence has been granted against expor....