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Customs - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

Diversion of imported material instead of using in manufacturing ...


Importers Can Repurpose Materials Post-Export Obligation Fulfillment Under Quantity-Based Advance Licensing Scheme.

November 14, 2011

Case Laws     Customs     AT

Diversion of imported material instead of using in manufacturing - it is clear that once the export obligation has been discharged, the importer, operating under the quantity based advance licensing scheme, can utilise the imported material under the said scheme for manufacture of other products .... - AT

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