Exemption to Materials Imported against Transferable Advance Licence - 018/92 - Customs -Tariff

Exemption to Materials Imported against Transferable Advance Licence Notification No. 18/92-Cus. Dated 15-1-1992 In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 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 (18 of 1947), from the whole of the duty of customs leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and from the whole of the additional duty leviable thereon under section 3 of the said Customs Tariff Act, subject to the following conditions, namely :- (i) that the said licence contains the complete description, quantity and the value of the materials allowed to be imported under the same; (ii) that the materials imported conform to description, quantity and value as specified in the said licence; (iii) that the said licence contains the following endorsements by the Licensing Authority issuing the said licence, namely :- (a) "This Transferable Advance Licence has been issued against the export of _______________ (indicate 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 Licence": Provided that no such endorsement shall be made by the proper officer of Customs for grant of Transferable Advance Licence, in respect of which claim has been made for duty drawback under Customs and Central Excise Duties Drawback Rules, 1971, or under section 74 of Customs Act, 1962 or where goods have been manufactured partly or wholly in bond under section 65 of the Customs Act, 1962 or by availing credit of Central Excise duty under rule 56A or rule 57A or by following the procedure of rule 191A or rule 191B of Central Excise Rules, 1944, or by a unit located in any of the Export Processing Zone or Free Trade Zone or by a unit registered as 100 per cent Export Oriented Unit or where the export is under Advance Licensing Scheme. (c) "The fact of grant of this Transferable 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 exports from sea ports at Mumbai, Calcutta, Cochin, Kandia, Mangalore, Marmagoa, Madras, Nhava Sheva, Paradeep, Tuticorin and Vishakapatnam or through any of the airports at Ahmedabad, Bangalore, Bombay, Calcutta, Delhi, Jaipur, Varanasi, Srinagar, Trivandrum, Hyderabad, and Madras or through any of the Internal Container Depots at Bangalore, Coimbatore, Delhi, New Gauhati Goods Shed, Moradabad, Ludhiana and Hyderabad. 2. Notwithstanding anything contained hereinabove, no such exemption shall be granted for import of - (i) Fabrics, all sorts; (ii) Elastic Webbing; and (iii) Synthetic soft waste. Explanations. - In this notification, - (i) Import and Export Policy April 1990 - March 1993 means the Import and Export Policy April 1990 - March 1993, published vide Public Notice of the Government of India in the Ministry of Commerce No. 1-ITC(PN)/90-93 dated the 30th March, 1990 as amended from time to time. (ii) "Licensing authority" means an authority competent to grant a licence under Imports (Control) Order, 1955 made under the Imports and Exports (Control) Act, 1947 (18 of 1947).