Customs - Board's Circulars14.10.1997
Advance Licencing - Irregular counting of exports under Advance Licence Scheme.
Document Text
Circular No. 49/97-Cus. Dated 14/10/97 F.No. 305/121/97-FTT Government of India Ministry of Finance Department of Revenue, New Delhi Subject: Irregular counting of some exports under Advance Licence Scheme and EOU Scheme: It has brought to the notice of the Board by the C & AC that certain 100% EOUs or the Export Houses through which the export were routed have availed of the benefits of Advance Licence Scheme also and thus the same exports were being Counted towards fulfilment of export obligation under both the Schemes viz EOU as well as Advance Licence Scheme. 2. The field formation may be alerted to such misuse to present recurrence of such incidents in future. Sd /- (O.P. Khandua) Senior Technical Officer (FTT)
Source: Government of India — Customs - Board's Circulars, dated 14.10.1997. Text is machine-extracted for reference; the officially published version prevails. Not legal advice.
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