Transferable advance licence issuance restricted after policy revision; prorata enhancement allowed only for existing licences tied to pre-revision exports. Transferable advance licences shall not be issued after the revised EXIM Policy notification, even for exports effected before that revision. Prorata enhancement may be permitted for transferable licences already issued prior to the policy change, potentially exceeding original limits, but such enhancement is limited to exports effected before the policy revision and does not cover exports effected thereafter.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transferable advance licence issuance restricted after policy revision; prorata enhancement allowed only for existing licences tied to pre-revision exports.
Transferable advance licences shall not be issued after the revised EXIM Policy notification, even for exports effected before that revision. Prorata enhancement may be permitted for transferable licences already issued prior to the policy change, potentially exceeding original limits, but such enhancement is limited to exports effected before the policy revision and does not cover exports effected thereafter.
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