POLICY CIR NO. 99/2008, DT. 11/08/2009
- Document type
- Circular
- Reference no.
- L
- Dated
Advance Authorization-Export of SCOMET items-clarification regarding
Advance Authorization-Export of SCOMET items-clarification regarding
In case SCOMET licence is not granted within four (4) months of the issue of the Advance Authorisation, then the exporter would pay customs duty and applicable interest on the imported goods and thereafter close the Advance Authorisation. This condition would be incorporated in the Advance Authorisation. The applicant would also give an LUT in this regard.
2. The above would be in supercession of Para III (1) (c) of the minutes of the Port Officers Meeting dated 25.11.2008. Provision regarding EOP as contained in the minutes would, however, remain applicable.
3. This issues with the approval of the Director General of Foreign Trade.
Sd/-
(Vibha Bhalla)
Joint Director General of Foreign Trade