PARA 4.7.3
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2003)
Licence in excess of entitlement
4.7.3
An applicant including a newcomer shall be entitled for licence under this paragraph in excess of entitlement mentioned in paragraph 4.7.1 subject to furnishing of 100% Bank Guarantee to Customs authority to cover the exemption from Customs duties. A specific endorsement to this effect shall be made on the licence.
An applicant including a newcomer shall be entitled for licence under this paragraph in excess of entitlement mentioned in paragraph 4.7.1 subject to furnishing of 100% Bank Guarantee to Customs authority to cover the exemption from Customs duties. A specific endorsement to this effect shall be made on the licence.