As per PN No. 64/2015-20 dated 27/12/2018 the Existing Para 4.12(vi) of HBP 2015-20 has been amended. The amended Para 4.12(vi) of HBP 2015-20 will read as under-
Norms ratified by any Norms Committee (NC) in the 0/o DGFT on or after 01.04.2015 in respect of any Advance authorization obtained under paragraph 4.07, shall be valid for the entire period of the Foreign Trade Policy i.e. up to 31.3.2020 or for a period of three years from the date of ratification, whichever is later.
Since all decisions of the Norms Committees are available in the form of minutes on the DGFT website, all other applicants of Advance Authorization are also eligible to apply and get their authorizations based on such ratified norms on repeat basis during validity of these norms.
Effect of this Public Notice: All applicants of Advance Authorization are eligible to apply and get their authorizations based on ratified norms (available on DGFT website in form of minutes) on repeat basis.
As per PN No. 63/2015-20 dated 27/12/2018, Para 4.41 (c) is amended to read as under:
(c) (i) Regional Authority may consider a request of original Authorisation holder and grant one revalidation for six months from expiry date. Request(s) for revalidation of Authorisation shall be filed online in ANF 4D.
(ii) Regional Authority may further consider a request of original Authorisation holder and grant second revalidation for six months from expiry date of the first revalidation for making imports proportionate to export obligation already fulfilled. Request(s) for revalidation of Authorisation shall be filed online in ANF 4D.
Effect of this Public Notice: Facility of second revalidation of Advance Authorisations for six months has been provided for making imports proportionate to export obligation already fulfilled.
As per circular No. 14/2015-20 dated 27/12/2018 it is informed that the ad-hoc norms fixation procedure by Norms Committee (NC) in 0/o DGFT has been reviewed in the meeting held under the chairmanship of DGFT on 30.11.2018 and the following has been decided for compliance:
The minutes of Norms Committee should be self-contained, as far as possible. In the minutes, (i) export item(s), their ITC(HS) code(s)-- as far as feasible, Quantity, UOM, FOB value; (ii) Import Item(s), their ITC(HS) code(s)-- as far as possible, Quantity, UOM, CIF value needs to be indicated clearly instead of indicating as applied for. Further, in case of any amendments to ad-hoc norms for whatever reasons, complete details, as indicated above, needs to be indicated instead of indicating only the amended portion. Basic purpose of these details is to ensure transparency and usage of such ratified norms by other applicants of advance authorisations on repeat basis.
