Clearance of goods after expiry of Nominated Agency Certificate - DGFT Clarifies
THE Doubt: whether or not import consignments which started by ship during validity of the Nominated Agency Certificate (NAC) in March, 2015 can be allowed clearance, irrespective of the fact that the consignments arrived in India after 1.04.2015, when the NAC was no longer valid.
DGFT Clarification: if any importer has a valid Nominated Agency Certificate on the date of import i.e date of shipment/dispatch of goods from supplying country, as evidenced by Bills of lading, then such shipments shall be eligible for clearance, regardless of actual date of arrival of the consignment in India.
DGFT Policy Circular No.02/2015-20, Dated: June 12, 2015