2.11
- Document type
- Policy
- Dated
Terms and Conditions of an Authorisation
2.11
Terms and Conditions of an Authorisation
Every Authorisation shall, inter alia, include following terms and conditions (as applicable), in addition to such other conditions as may be specified:
(a) Description, quantity and value of goods;
(b) Actual User condition (as defined in Chapter 9);
(c) Export Obligation;
(d) Minimum Value addition to be achieved;
(e) Minimum export/import price;
(f) Bank guarantee/ Legal undertaking / Bond with Customs Authority / RA (as in para 2. 35 of FTP).
(g) Validity period of import/export as specified in Handbook of Procedures.
(Above Para 2.11 has been amended vide NTF. NO. 08/2015, DT. 04/06/2015)
[OLD- 2.11
Terms and Conditions of an Authorisation
Every Authorisation shall, inter alia, include such terms and conditions as may be specified by RA along with the following:
(a) Description, quantity and value of goods;
(b) Actual User condition (as defined in Chapter 9);
(c) Export Obligation;
(d) Minimum Value addition to be achieved;
(e) Minimum export/import price;
(f) Bank guarantee/ Legal undertaking / Bond with Customs Authority/RA (as in para 2.35 of FTP).
(g) Validity period of import/export as specified in Handbook of Procedures. ]