4.13
- Document type
- Procedure
- Dated
Authorisation in Excess of Entitlement
4.13
Authorisation in Excess of Entitlement
An applicant shall be entitled for authorisation in excess of entitlement of CIF mentioned in paragraph 4.12(a) above subject to furnishing of 100% Bank Guarantee to Customs authority to cover exemption from customs duties. Regional Authority shall made a specific endorsement to this effect on authorisation. This provisions shall also apply to Status Holders.