Imports against advance licences or replenishment licences

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....ance licences or replenishment licences Notification No. 253/86-Cus. Dated 16-4-1986 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962)....

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....ely :— '(vii) "imported against advance licence" includes goods allowed for import under the OGL in terms of the import and export policy for the time being in force and so imported under OGL but....