Regional
Authority(RA) may issue Advance Authorisation, where
SIONs are not fixed, based on self declaration and an
undertaking by applicant for a final adjustment as per
Adhoc / SION fixed by Norms Committee(NC).
CIF value of one or more such authorizations
shall be maximum 500% of FOB and / or FOR value of preceding
year exports and / or supplies in case of status holders
and Rs.5 crore or 500% of the FOB and / or FOR value
of preceding year exports and / or supply whichever
is more, for others.
However in cases where NC has already
ratified norms for same export and import products in
respect of an AuthoriSation obtained under paragraph
4.7, such norms shall be valid for a period of six months
reckoned from dated of ratification.
In such cases AuthoriSations shall
be issued by RA concerned under “Adhoc Norms Fixed”
category and application copies need not be forwarded
to NC for fixation / ratification of norms.
Authorization holder in such cases
shall be entitled for further authorisation(s) as per
norms ratified by NC without need for subsequent ratification
by NC. In such cases applicant would file application
under “Adhoc Norms Fixed” category. However,
NC should ensure that such adhoc norm(s), if not notified
already, are notified within a period of one month after
six months of ratification of such adhoc norm(s).
Once norms are fixed by NC, value limits
mentioned in above paragraph would not be applicable
to advance authorisations issued under this paragraph.
Such authorisations, subsequent to fixation of norms
by NC, may be enhanced.
It is mandatory for industry to provide
production data etc. as may be required by DGFT / EPC
for fixation of SION. Otherwise, applicant shall not
be allowed to take benefit of Advance Authorisations
scheme for taking repeat advance authorizations on self-declaration
basis.
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