PUBLIC NOTICE NO. 02 (RE-01) 1997-2002 Dated 31-03-2001
- Document type
- Circular
- Reference no.
- E
- Dated
- Category
- Public Notices w.e.f 01/04/2001
Advance License (92-97) revalidation for 6 months allowed
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002 as notified in the Gazette of India extraordinary, Part-II Section 3 Sub-section (ii) vide S.O. No. 283(E) dated 31.3.1997, the Director General of Foreign Trade hereby notify the following dispensation:-
- Advance Licenses issued during 1992-97 Policy, shall be entitled for revalidation for a further period of six months, even if a time period of 30 months has already expired, subject to the following conditions :
- This facility will be available where exports have already been completed but the licenses could not be utilized on account of expiry of these licenses.
- Application for revalidation may be submitted to the concerned Regional Licensing Authority within a period of 30 days from the date of the issuance of this Public Notice. License shall be revalidated for a period of six months from the date of endorsement of revalidation.
- No revalidation shall be effected where endorsement of transferability has already been endorsed. Similarly, no revalidation will be allowed in licenses where misrepresentation / fraud has come to the notice of any authority.
- This facility will be available where exports have already been completed but the licenses could not be utilized on account of expiry of these licenses.
- This issues in Public interest.
( N. L. Lakhanpal )
Director General of Foreign Trade
( Amitabh Kumar Sinha )
Deputy Director General of Foreign Trad