Licence issued with accountability condition
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....0/AM16 dated 29.03.2016 Trade is hereby informed that in Advance Authorization both the consumption ratio and nexus matters. Wherever the licence is issued with accountability condition the net content of the input present in the exported product should be declared in the export documents duly certified by Customs/Excise and not the input used. Similarly for specifying nexus the type and technica....
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....ntity of inputs allowed is based on 100% strength/concentration. If the input (or) product exported is of a lesser strength then it should be declared in export/import documents so that customs can allow it on the face of it (or) draw sample and test to counter check. Suppliers test report will not be accepted since there is no provision under customs laws to accept it. For export consignments alo....
TaxTMI
TaxTMI