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Positive Value Addition Stipulation for Advance Licence for Deemed Exports

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..... ct: Positive Value Addition Stipulation for Advance Licence for Deemed Exports There has been doubt in certain quarters on the value addition to be maintained in the Advance Licence for Deemed Exports issued under the Exim Policy. The query specifically arose on account of para 7.3 (a) of the Exim Policy which clearly stipulates that the value addition to be maintained would be positive for all .....

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..... hereby clarified that in the case of an Advance Licence for Deemed Exports, only positive value addition is stipulated as is the case with the other categories of Advance Licences. This issues with the approval of the DGFT. Bipin Menon Dy Director General of Foreign Trade (File No: 01/94/180/52/AM02/ PC IV) - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Ma .....

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