Advance Authorisation for Annual Requirement - HBP Amended

By Vijay Kumar

DGFT has amended para 4.24A of Handbook of Procedures, Vol. 1, 2009-2014(RE 2010), by which:

1.The exporter shall have the flexibility to import the relevant input(s), without the need to approach the Regional authority of DGFT to amend the authorisation, for clearance of such consignment.

2. The exporter can avail upto 5 Advance Authorisations for Annual requirement, per port of import, per product group. Earlier the exporters were permitted only one Authorisation per port of import, per product group.

DGFT Public Notice No. 30/2009-2014 (RE- 2010) Dated: February 14, 2011