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Exemption to materials imported against Advance Licence issued after 1.4.1997

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..... is specified in First Schedule to the Customs Tariff Act, 1975 (51 of 1975) subject to the following conditions, namely:- (i) that the materials imported are covered by a Duty Exemption Entitlement Certificate (hereinafter referred to as the said certificate), issued by Licensing Authority on or after 1st April, 1997 in the form specified in the Schedule annexed to this notification, in respect of the value, quantity, description, quality and technical characteristics; (ii) that the importer at the time of clearance of the imported materials executes a bond with such surety or security and in such form and for such sum as may be specified by the Assistant Commissioner of Customs or Deputy Commissioner of Customs binding himself to pay o .....

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..... di, Madurai, Bhilwada, Pondicherry, Garhi Harsaru, Bhatinda, Dappar (Dera Bassi), Chheharata (Amritsar), Karur, Miraj, Rewari, Bhusawal, Jamshedpur, Surajpur and Dadri or through the Land Customs Station at Ranaghat, Singhabad,Raxaul, Jogbani, Nautanva (Sonauli), Petrapole and Mahadipur. Provided that the Commissioner of Customs, may by Special Order and subject to such conditions as may be specified by him, permit import and export through any other Seaport, Airport, or Inland Container Depot or through the Land Customs Station. (v) that the export obligation is discharged within the period specified in the said certificate or within such extended period as may be granted by the Licensing Authority or the Director General of Foreign Tr .....

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..... bears endorsement of transferability by the Licensing Authority: Provided that benefit of this notification shall not allowed to a transferee of the licence for import of Acetic Anhydride, Ephedrine and Pseudoephedrine. 2. Where the goods are found defective or unfit for use, the said goods may be re-exported back to the foreign supplier within 3 years from the date of payment of duty on the importation thereof : Provided that at the time of re-export the goods are identified to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs as the goods which were imported. 1[3. In a case of default in export obligation, when the duty on goods is paid to regularise the default, the amount of interest paid .....

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..... red to be exported alongwith the Resultant product; and (c) Packaging materials required for packing of Resultant product. THE SCHEDULE DUTY EXEMPTION ENTITLEMENT CERTIFICATE I. IMPORT (This consists of................... pages) Sl. No..................... (IMP) Date of issue ..................... Port of Registration ........................ Issued to ................................................................. ........................................................................................... (name and full address of ............................................................................................ the licencee) Materials imported against licence No. ............ dated ................ issued by....... .....

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..... Quantity and net weight 1. 2. 3. 4. 5. CIF Value Duty leviable but for exemption Signature of the Customs Officer with Name, Designation and seal Heading No. of the First Schedule to the Customs Tariff Act, 1975 and Heading No. in the Schedule to the Central Excise Tariff Act,1985 for levy of Additional Duty Rate of Duty Amount of Duty 6. 7. 8. 9. 10. (Parts E and F figure in the Export Part of this DEEC) PART -G Duties paid on materials in respect of which the conditions of said notification are not complied with Sl.No. Sl. No. in Part D under which the import of the materials has been entered Description, Quantity and value of materials on which duty paid Rate of duty leviable (i) Basic (ii) Additonal Addit .....

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..... PART- A Names and addresses of the factories where the resultant products are manufactured PART-B Names and addresses of factories where the ancillaries to the resultant products are manufactured (Parts C and D figures in the Imports Part of this DEEC) PART-E Resultant Products Sl. No. Description Quality Technical Characteristics 1. 2. 3. 4. Quantity FOB Value in Rs. /US $ Sl, No. of the materials in Part-C 5. 6. 7. PART-F Particulars of exports/supply Sl.No. S.No. of the resultant product in Part E Name of the Customs House of shipment Shipping Bill No. and date Name of the vessel and outward entry of the vessel 1. 2. 3. 4. 5. Quantity Net weight of the product Description as per the Shipping Bill FOB .....

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