Para 12.5
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 ( upto 31/03/2002)
Refusal/ Suspension/ Cancellation of Certificate
12.5
The recognition certificate may be refused or suspended or cancelled by the authority which is competent to issue/renew such certificate, if the certificate holder/ applicant or any agent or employee acting on his behalf:
(a)
fails to discharge the export obligation imposed;
(b)
tampers with licences;
(c)
misrepresents or has been a party to any corrupt or fraudulent practice in obtaining any licence;
(d)
commits a breach of the Foreign Trade (Development and Regulation) Act, 1992, or the Rules and Orders made thereunder; or
(e)
fails to furnish the information required by the Director General of Foreign Trade or any person or authority authorised by him.
A reasonable opportunity shall be given to the applicant or the certificate holder before taking any action under this paragraph.