Advance license

963 views 2 replies

pintu

Executive

174 Points Joined May 2012

we have received material from supplier where on invoice party has mentioned advance license no. i want to know what benefit he is getting by removing goods on payment of duty

Replies (2)

Guest

It means he can import goods without any import duty and export the same after doing some value added process. Anyway when he had cleared goods by paying duty, why do worry about the advance licence?