TMI BlogExemption to Imports against an Annual advance Licence with actual user conditionX X X X Extracts X X X X X X X X Extracts X X X X ..... iff Act, 1975 (51 of 1975) and from the whole of the Additional duty leviable thereon 3 [ under sub-sections (1), (3) and (5) of section 3 ] of the said Customs Tariff Act, subject to the following conditions, namely:- (i) The said Licence is issued for an export product group specifying the Cost Insurance Freight Value (CIF value) of import permitted against it and the Free on Board Value (FOB value) of export obligation to be achieved. The said licence shall be valid for import of any input required for the manufacture of export product which is covered under the said export product group specified in the Hand Book of Procedure Volume II of Export and Import Policy. (ia) an Actual User Duty Exemption Entitlement Certificate (hereinafter referred to as the said certificate) is issued to the holder of the said licence by the Licensing Authority in the form specified in the Schedule annexed to this notification. At the time of import, the full details of value, quantity, technical characteristics and other particulars, of the inputs imported against the said licence shall be entered in part 'C' of the said certificate by the proper officer; (ii) that the importer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mport Policy would be allowed; (vi) that the export obligation is discharged within eighteen months from the date of issue of the said licence or within such extended period as may be granted by the Licensing Authority by exporting resultant products manufactured in India. At the time of export, the full details of value, quantity, technical characteristics, and other particulars, of the resultant export product (hereinafter referred to as resultant product) shall be entered in part 'E' of the said certificate by the proper officer; Provided that an Annual Intermediate Licence holder may discharge export obligation by supplying the resultant products to ultimate exporter holding Annual Advance Licence in terms of paragraph 7.3 (b) of the Export and Import Policy 1997-2002, notified by the Government of India in the Ministry of Commerce, vide notification No. 1(RE-00)/1997-2002 dated the 31st March, 2001; (vii) that the importer produces 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 obligati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aging materials required for packing of resultant product. (iv) Annual Advance Licence includes Annual Advance Licence for Intermediate Supply issued in terms of paragraph 7.3(b) of the Export and Import Policy 1997-2002, notified by the Government of India in the Ministry of Commerce, vide notification No.1(RE-00) 1997-2002 dated the 31st March, 2001. THE SCHEDULE ACTUAL USER DUTY EXEMPTION ENTITLEMENT CERTIFICATE PART -1 (IMPORT) This consists of ........................... Pages) Sl. No................................(IMP) Date of issue.................................Port of Registration ............................... Issued to.............................. (name and full address of the licence). Materials imported against licence No................dated, .............issued by...........to the above licencee 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.......... Customs, dated the....................l999. Bond with security/surety in terms of the said notification shall be executed before clearance of the goods from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (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 compiled 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) Additional (iii) Others (1) (2) (3) (4) Amount of (i) Duty (ii) Interest Particulars of duty paying documents Signature of the Customs Officer (5) (6) (7) ACTUAL USER DUTY EXEMPTION ENTITLEMENT CERTIFICATE PART-2 (EXPORT) (This consists of ......................................pages) Sl. No......................(EXP) date of issue.............................................. Port of Registration............................. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of imports and exports made Details of Imports made : SLNo S.No. of Part-C Description Quantity Imported GIF Value in Rs./in equivalent to US$ (1) (2) (3) (4) (5) Details of Exports made : S.No. S. Number in Part-E Description Quantity exported FOB Value in Rs./in equivalent US $ (1) (2) (3) (4) (5) 1 . I/We hereby declare that information given in this statement is correct. 2. I/We hereby declare that no benefit under 1 [Rule 18 or Rule 19 of the Central Excise (No. 2) Rules, 2001], has been availed in respect of exports made under this DEEC. Signature ......................................... Name of the Signatory........................ Designation....................................... Full Address...................................... Certificate o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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