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DGFT Foreign Trade Policy Exim Policy (01/04/2003 to 31/08/2004) PARA 4.1.6

4.1.6

The facility of advance licence shall also be available where all or some of the inputs are supplied free of cost to the exporter. In such cases, for calculation of value addition, the notional value of free of cost inputs alongwith value of other duty free inputs shall be taken into consideration. However, if all the inputs are supplied free of cost, the applicant shall have the flexibility to opt for the provisions of paragraph 4.2.7 of the Policy.

(Para 4.1.6 has been amended vide NTF. No. 28/2003, DT. 28/01/2004)

[OLD -
The facility of Advance Licence shall also be available where some of the inputs are supplied free of cost to the exporter. In such cases, for calculation of value addition, the notional value of free of cost inputs alongwith value of other duty-free inputs shall be taken into consideration. However, if all the inputs are supplied free of cost, such shall be covered under paragraph 4.2.7 of the Policy. ]

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