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of <h1>Advance Licensing Scheme: New Rules on Importing Drugs and Export Obligations Explained.</h1> The circular from the Directorate General of Foreign Trade addresses the registration procedure for importing approved and unapproved drugs under the Advance Licensing Scheme. It clarifies that Advance Licence holders exporting goods made from locally sourced raw materials cannot import from unregistered sources. If materials are procured from registered sources, the exemption for importing from unregistered sources is withdrawn. If materials are imported from unregistered sources and exports fail, the licence cannot be regularized. Imported raw materials must not be diverted for domestic use but can be used for other exports or re-exported, with customs ensuring compliance. Extensions for export obligations require a composition fee.
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