| Date: |
01-09-1997
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| Notification No: |
DGFT Policy Circular No 19/1997
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| Issuing Authority: |
DGFT
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| Type: |
Circular
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| File No: |
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| Subject: |
DES - Revalidation/ EOP
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DES - Revalidation/ EOP
DES - Revalidation/ EOP
Policy Circular No. 19 dated 1st September
1997
Attention is
invited to Public Notice No. 38(PN) 1997-2002 dated 1st September, 1997 wherein
transitional arrangements for allowing revalidation for making imports and/ or
extension in the export obligation period in respect of advance licences issued
30 months prior to issuance of that Public Notice (i.e. prior to 28.2.1995) as
per EXIM Policy 1992-97 have been laid down.
2.���� It
is further clarified that this is only one-time dispensation and no further
requests either for extension in export obligation or revalidation of the
validity period or both on such licences shall be considered under any
circumstances. Therefore, exporters are advised to file the required documents
with the concerned Regional Licensing Authorities immediately and all the
licensing authorities are advised to take immediate action as mentioned in the
Public Notice No. 38(PN)/ 1997 -2002 dated 1st September, 1997 and dispose of
such pending cases latest by 15th September, 1997 so that the licensees may get
reasonable time limit for completing the export obligation and utilise the
licences on or before 31.12.1997.
3.���� This issues with the approval of Director
General of Foreign Trade.
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