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of <h1>Licensing Authority Can Amend Financial Benefit Instruments for Errors or Omissions Under Foreign Trade Rules 1993, Updated 2015.</h1> The licensing authority has the power to amend any licence, certificate, scrip, or instrument that provides financial or fiscal benefits. This can be done either on the authority's initiative or upon a request from the licensee. Amendments are made as necessary or to correct any errors or omissions in these documents. This provision is part of the Foreign Trade (Regulation) Rules 1993 and was updated by a notification in 2015 to replace the term 'licence' with a broader category of financial or fiscal benefit instruments.
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