Revalidation of AA Issued under 2009 Policy
Allowed under Old Conditions
[DGFT
Trade Notice 03 /2018-19 dated 25
April 2018]
Subject:
Applicability of provisions of Para 2.20
of HBP, 2015-20 on Advance
Authorizations issued under 2009-2014, FTP
This
office has received a request for clarification regarding the date of
applicability of provisions of para 2.20(d) of HBP 2015-20 on the Advance Authorisations issued under FTP, 2009-14.
2. In this regard, it is clarified that Regional
Authorities may allow revalidation of Advance Authorisation/DFIA,
under the provisions of Para 2.20 of HBP, 2015-2020, which has been amended
vide Public Notice 38 dated 9.11.2017, even if Authorisation
is issued under FTP, 2009-14 provided conditions stipulated in the said Public
Notice are fulfilled.
3.
This issues with the approval of DGFT.