The Commissioner of Customs, Bombay had made a reference to the Ministry regarding the difficulty faced by the Bombay Customs House in extending benefit of the exemption Notification No. 204/ 92-Customs dated 19.5.92 on inputs imported against a Quantity based licence issued under para 62A of the Exim Policy. It was stated that the term “Advance Licence” in Notfn. No. 204/92-Cus. has
The question of allowing benefit of exemption under notification No. 204/92- Customs dt. 19.5.92 to Advance Licences issued to a Merchant Exporter has been examined in view of doubts raised by some of the Commissioner of Customs
