Applicability of Para 4.08 (ii) of HBP in case of inputs being procured by Advance Authorisation Holders from Units located in SEZ – Policy Circular No. 08/2024-25
This Directorate has received a reference, on the requirement of NOC by Advance Authorization holders, in case of procurement of Acetic Anhydride from unit located in SEZ, by an Advance Authorisation holder.
2 In this regard, the Paragraph 4.08 (ii) of the HBP 2023 is reproduced below:
(ii) Regional Authority shall endorse a copy of such Advance Authorisation to the above three agencies. Regional Authority shall also endorse a condition that before effecting imports, ‘No Objection Certificate’ shall be obtained from Drug Controller and Narcotics Commissioner of India.”
3. The issue has been examined with inputs obtained from the relevant authority.
Consequently, it is clarified that the provisions under the said Para 4.08(ii) will not be applicable in the case of procurement of Acetic Anhydride by an Advance Authorisation holder from an SEZ Unit, against Certificate of Supplies, provided the same is manufactured by an unit operating inside SEZ.
4. This Policy Circular is issued with the approval of DGFT.
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