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TMI BlogTime for Advance Authorisation licenseX X X X Extracts X X X X X X X X Extracts X X X X ..... Time for Advance Authorisation license X X X X Extracts X X X X X X X X Extracts X X X X ..... %. Now, can we go for further extended period time. Byrappa KG Sanwa Diamond Tools Pvt Ltd Reply By Mangesh Lokre: The Reply: Please go through the relevant Para of HBoP to FTP Export Obligation (EO) Period and its Extension 4.22 Fulfillment Period of EO under an Advance Authorisation shall commence from Authorisation issue date, unless otherwise specified. EO shall be fulfilled within 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 months except in case of supplies to projects / turnkey projects in India / abroad under deemed exports category where EO must be fulfilled during contracted duration. EO period for Advance Authorizations issued with input(s) as mentioned in Appendix 30A shall be as per the period stipulated against each entry therein. Facility of extension of EOP shall not be allowed in case of Advance A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uthorisation issued for these inputs. RA shall make an endorsement in Advance Authorisation to this effect. 4.22.1 Whenever a ban / restriction is imposed on export of any product, export obligation period in respect of Advance Authorisation already issued prior to imposition of ban, would stand automatically extended for a period equivalent to the duration of ban, without any composition f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee. For the Advance Authorisation (erstwhile licences) where raw sugar has been imported between 21.09.04 and 15.4.08, but the export obligation is yet to be fulfilled, the export obligation 69 period stands automatically extended upto 31.03.2011 without payment of composition fee. Advance licence / authorisation holder has the option to pay the customs duty as applicable, on the date of i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mport for the quantity of import proportionate to
unfulfilled E.O. and get the case regularized accordingly.
4.22.2 Customs may allow provisional clearance of export consignment
as and when Authorisation holder produces documentary
evidence of having applied for EO extension to concerned RA. X X X X Extracts X X X X X X X X Extracts X X X X
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