Review of Advance Authorization cases - Fulfilment of Export Obligation
As per Policy Circular No.9 dated 30.6.2003, import of approved and unapproved drugs under the Advance Licensing Scheme (now renamed Advance Authorization Scheme) has been allowed without Registration procedure, subject to pre-import condition and fulfilment of Export Obligation within a period of six months from the date of import of first consignment.
The validity of Advance Authorization is 24 months, which can be further revalidated for six months from the date of expiry. The maximum period for fulfilling EO in Advance Authorization issued under Policy Circular No.9 dated 30.6.2003, will be 6 months from the dated of 1st import.
With a view to strictly monitor export obligation in all such cases in time, DGFT directs that RAs must ensure that appropriate action is initiated immediately after completion of the maximum allowable time period of 36 months from the date of issue of Advance Authorization under Policy Circular No.9 dated 30.6.2003.
DGFT Policy Circular NO. 42 (RE- 08) 2004-09 Dated: November 24, 2008