Amendments in Para 4.36 of the Handbook of Procedures, 2023
Amendments in Para 4.36 of the Handbook of Procedures, 2023 – PUBLIC NOTICE No. 40/2023
F. No. 01/94/180/046/AM24/PC-4).—In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendment in the provision of Para 4.36 of the Handbook of Procedures 2023:
| Existing para 4.36 | Amended para 4.36 |
| (vi) Only such authorisations shall be clubbed which have been issued within 18 months from the date of issue of earliest authorisation that is sought to be clubbed, whether such authorisations are valid or not. This is further subject to condition that upon clubbing only imports made within 30 months from the date of issue of earliest authorisation shall be considered. Any imports made beyond 30 months of earliest authorisation shall be regularized under Para 4.49 of the HBP. | (vi) Only such authorisations shall be clubbed which have been issued within 24 months from the date of issue of earliest authorisation that is sought to be clubbed, whether such authorisations are valid or not. This is further subject to condition that upon clubbing only imports made within 30 months from the date of issue of earliest authorisation shall be considered. Any imports made beyond 30 months of earliest authorisation shall be regularized under Para 4.49 of the HBP. This is further subject to condition that upon clubbing only exports made within 48 months from the date of issue of earliest authorisation shall be considered. Any exports made beyond 48 months of earliest authorisation shall not be acceptable for clubbing. |
Effect of the Public Notice: Para 4.36 of the Handbook of Procedures 2023 has been amended, to ease the clubbing provisions in respect of Advance Authorization Scheme, for ease of doing business.
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