Replenish-ment License for Import of Consumables 4A.28
A Replenishment Licence for duty free import of consumables, equal to 2 % of FOB value of exports of the preceding year may be issued on production of Chartered Accountant’s Certificate indicating the export performance. This licence shall be non-transferable and subject to actual user condition. This Replenishment Licence shall be valid for duty free import of consumables as notified by the Customs.
Application for import of consumables
[Deleted - or import of plain/studded jewellery
] as given above may be made to the concerned Regional Licensing Authority in the form given in ‘Aayaat Niryaat Form’.
(The words "or import of plain/studded jewellery" has been deleted vide
PN NO. 31/2005, DT. 15/07/2005)