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Amendments in Handbook of Procedures 2015-20 - DGFT - 16/2015-2020

Extract

..... i) Under Para 4.41 of HBP 2015-20, a new sub-para (e) is added, as mentioned below: 4.41 Validity period for import and Revalidation of Authorisation (e) For Advance Authorizations issued on or after 15.08.2020 and not covered under Para 4.41 (b) above, only one revalidation for twelve months from expiry date shall be allowed. No further revalidation would be allowed for such authorisations. The provision for revalidation as under Para 4.41 (c) shall also not be applicable for such Advance Autho .....

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Amendments in Handbook of Procedures 2015-20 - DGFT

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..... shall maintain a true and proper account of consumption and utilisation of duty free imported / domestically procured goods against each authorisation as prescribed in Appendix 4H or 4I, as applicable. These records are required to be filed online at the beginning of each licensing year for all those authorisations, which have been redeemed in previous licensing year. The same may be submitted on the DGFT Website under Dashboard- Repository-CA/CE Repository. 4.57 Maintenance of proper accounts .....

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