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Attention is invited to the provision contained in paragraph 4.1.5 of FTP wherein it has been stated that the “Advance Authorisation and / or materials imported thereunder will be with Actual User Condition. However, in case of Advance Authorisation wherein the input allowed is Raw Sugar, a special dispensation was allowed vide CBEC letter No. 605/68/2004-DBK dated 21.9.2004.
the scheme is launched after the commencement of the Securities and Exchange Board of India (Mutual Funds)(Second Amendment) Regulations, 2006 and prior to commencement of the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2008.
The Principal notification was published in the Gazette of India, Extraordinary, vide Notification No.36/2001 – Customs (N.T.), dated, the 3rd August, 2001 (S.O.748 (E), dated, the 3rd August, 2001) and was last amended vide Notification No. 28/2008-Customs (N.T.), dated, the 17th March, 2008 (S.O. 519 (E) dated 17th March, 2008).
