15.3
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 (upto 31/03/2001)
Split-up Licences
15.3 A request for issue of `Split-up" licence(s) against a SIL/ Advance Licence/
DFRC/EPCG licence may be made by the eligible applicant to the licensing
authority concerned, either at the time of making the application or
subsequently.
The licensee shall also be entitled for itemwise split up facility for items
allowed under the Advance Licence. However, in such a case, quantity and value
of individual items shall be specified against the split-up licence and export
obligation, if any, shall run concurrently on the main as well as split up
licence.
(i) Each `Split-up" licence shall have a minimum C.I.F. value of Rs. 10
lakhs.
(ii) Split- up fee in terms of Appendix-34 shall be payable alongwith each
request.
(iii) The period of validity of `Split-up" licence(s) shall be co-terminus
with the period of the original licence(s).