DGFT extends the validity period of Advance Authorization

DGFT extends the validity period of Advance Authorization

December 28, 2018 Fiscal, Industries, states 0

Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 63/2015-20 dated 27th December, 2018 to amend Para 4.41( c ) of Handbook of Procedure of the Foreign Trade Policy, 2015-20 to provide the facility of second revalidation of Advance Authorisations.

Primarily, the Regional Authority used to consider the request of original Authorisation holder and grant one revalidation for six months from expiry date. Request(s) for such revalidation of Authorisation where made through online filing of ANF 4D.

Now, the Regional Authority may further consider the request of original Authorisation holder and grant second revalidation for six months from expiry date of the first revalidation for making imports proportionate to export obligation already fulfilled. Request(s) for such revalidation of Authorisation shall also be made through online filing of ANF 4D.

SourceDirectorate General of Foreign Trade

Share this:

About the author

Lexplosion:

0 Comments

Would you like to share your thoughts?

Your email address will not be published. Required fields are marked *

Leave a Reply