Advance Authorization for export of an item which is otherwise prohibited for export

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..... 14 (RE- 2013) New Delhi, the 14th November, 2013 Subject: Advance Authorization for export of an item which is otherwise prohibited for export In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in paragraph 4.4.1 of the Handbook of Procedures Vol. I 2009-14 (RE 2012): 1. Exist .....

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..... r condition and no transfer of imported raw material, for any purpose, including job work, shall be permitted. In case of non-fulfilment of EO/ non-achievement of stipulated value addition, a penalty equal to five times of the CIF value of the imported material, corresponding to the shortfall in EO, shall be imposed in addition to the applicable duty and interest. Provisions of Para 4.28 of HBP vo .....

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