Para 10.2
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2002)
Policy
10.2
In respect of supplies made in terms of paragraphs 10.2(a) of the Policy, the supplier shall be entitled to Advance Licence for intermediate supply.
If the supplier has made the supplies against Advance Release Order (ARO) or Back to Back Letter of Credit issued against Advance Licence, in terms of paragraphs 7.7 or 7.8 of the Policy, he shall be entitled to the benefits listed in paragraphs 10.3 (b) and (c) of the Policy. However, in such cases where Advance Release Order (ARO) or Back to Back Letter of Credit has been issued against DFRC, in terms of paragraphs 7.7 or 7.8 of the Policy, he shall be entitled only to the benefit listed in paragraph 10.3 (b) of the Policy.