Advance Licence definition
Examples of Advance Licence in a sentence
You acknowledge and agree that your payment of the Advance Licence Fee is non-refundable.
The period of occupation for which the Advance Licence Fee covers shall be calculated on a pro-rata basis, against the total Licence Fee payable.
You will still be obliged to pay the Advance Licence Fee Payment (and will not be entitled to any refund in respect thereof).
Provided that you take occupation of the room in accordance with the terms of this Agreement, the Advance Licence Fee Payment will be deducted from the total Licence Fee payable.
Of the exemption and remission schemes in operation in India, the Advance Licence scheme in its current form has withstood the test for non-countervailability in the US and the EC, for exemption of duties on raw materials and consumables, but not capital goods.
Imports against Advance Licence for deemed exports are 21 Export & Import Policy, 1st April 2002–31st March 2007, Ministry of Commerce and Industry, Government of India, New Delhi.
The Advance Release Order (ARO) variant of the Advance Licence Scheme also has the same infirmity.
As in the case of Advance Licence, duty free import of capital goods remains countervailable.
Any Advance Licence Fee Payment (or part thereof) which has been paid by you will be reimbursed by the University within 28 days of the date upon which the University receives your written notice.
Annual Advance Licence facility for status holders to be introduced to enable them to plan for their imports of raw material and components on an annual basis and take advantage of bulk purchases.