TMI BlogMaterial imported against Advance Licence issued on or after 19th September, 1995, and covered by a Quantity Based Duty Exemption Entitlement CertificateX X X X Extracts X X X X X X X X Extracts X X X X ..... sub-sections (1), (3) and (5) of section 3 ] of the said Customs Tariff Act, subject to the following conditions, namely:- (i) that the materials imported are covered by a Quantity Based Duty Exemption Entitlement Certificate (hereinafter referred to as the said certificate) issued by the Licencing Authority in the form specified in the schedule annexed to this notification, in respect of the value, quantity, description, quality and technical characteristics: Provided that where quantity for a particular description of materials cannot be imported within the specified value under the said certificate, the Commissioner of Customs may allow adjustment of individual value within the total value; (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 on demand an amount equal to the duty leviable, but for the exemption, on the imported materials in respect of which the conditions specified in this notification have not been complied with, together with interest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roduces evidence of discharge of export obligation to the satisfaction of the Assistant Commissioner of Customs or Deputy Commissioner of Customs within a period of 30 days of the expiry of period allowed for fulfilment of export obligation, or within such extended period as the said Assistant Commissioner of Customs or Deputy Commissioner of Customs may allow; (vii) exempt materials shall not be disposed of or utilised in any manner except for utilisation in discharge of export obligation or for replenishment of such materials and the materials so replenished shall not be sold or transferred to any other person. (viii) that in relation to products specified at Serial No. 4 of the table to this notification- (a) the name and address of the supporting manufacturer is specified in the said licence and the said certificate and the bond required to be executed by the importer in terms of condition (ii) shall be executed jointly by the Merchant Exporter and the supporting Manufacturer binding themselves jointly and severally to comply with the conditions specified in this notification, and (b) except materials are utilised in the factory of such supporting manufacturer in te ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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 .......to the above importer and covered by the list of materials specified under Part 'C' of this certificate would be eligible for exemption from customs duties subject to the conditions specified in the notification of the Government of India, Ministry of Finance, Department of Revenue No. 149/95-Cus./dated the 19th September, 1995. The importer shall make the exports in terms of the said notification within .......... months from the date of issue of licence. A Bond in terms of the said notification, shall be executed before clearance of the goods from the Customs. Signature Seal of licensing authority date PART-A Names and addresses of the factories where the resultant products for export are manufactured. ____________________________________________________________________ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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) Additional 1. 2. 3. 4. Amount of (i) Duty (ii) Interest Particulars of duty paying documents Signature of the Customs officer 5. 6. 7. QUANTITY BASED DUTY EXEMPTION ENTITLEMENT CERTIFICATE PART PART - 2 (EXPORT) (This consists of ..........................pages) Sl. No. ..........(EXP) Date of Issue ......... Port of Registration ...................... Issued to......................................................................... ............................................................................... (name and full address of ............................................................................... ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ry of the vessel. 1. 2. 3. 4. 5. Quantity Net weight of the product Description as per the Shipping Bill. FOB value in Rs./US $ Signature of Customs Officer with name, designation and Seal and remarks if any. 6. 7. 8. 9. 10. PART -H Statement of imports and exports/supply made Details of imports made: S. No. S. No. of Part C Description Quantity Imported CIF Value in Rs./in Equivalent US $ 1. 2. 3. 4. 5. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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