PARA 4.20.1
- Document type
- Procedure
- Reference no.
- 04
- Dated
Facility of Clubbing
4.20.1
The regional licensing authority, under whose jurisdiction the licence is issued or ALC in other cases, shall consider a request for clubbing all imports and exports of more than one Advance Licence of the same category only provided the imported inputs are properly accounted for as per norms. Hence an Advance Licence for physical export can not be clubbed with Advance Licence for Intermediate supplies or Advance Licence for deemed exports and vice versa. Similarly an Advance Licence for Intermediate supplies cannot be clubbed with an Advance Licence for deemed exports and vice versa.
The value addition of the licences so clubbed shall be the average of the value addition imposed on individual licences. Upon clubbing, the licences shall, for all purposes, be deemed to be one licence.
The regional licensing authority, under whose jurisdiction the licence is issued or ALC in other cases, shall consider a request for clubbing all imports and exports of more than one Advance Licence of the same category only provided the imported inputs are properly accounted for as per norms. Hence an Advance Licence for physical export can not be clubbed with Advance Licence for Intermediate supplies or Advance Licence for deemed exports and vice versa. Similarly an Advance Licence for Intermediate supplies cannot be clubbed with an Advance Licence for deemed exports and vice versa.
The value addition of the licences so clubbed shall be the average of the value addition imposed on individual licences. Upon clubbing, the licences shall, for all purposes, be deemed to be one licence.