Advance licence condition for drugs: export obligation runs from first import and must be completed within a fixed period. The Handbook of Procedure amendment provides that for Advance Licences for drugs issued against a specific export order with a pre-import condition, the period for fulfillment of the export obligation commences from the date of import of the first consignment and must be completed within a short, prescribed period; the change is effected by the Director General of Foreign Trade under powers in the Export and Import Policy.
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.
Advance licence condition for drugs: export obligation runs from first import and must be completed within a fixed period.
The Handbook of Procedure amendment provides that for Advance Licences for drugs issued against a specific export order with a pre-import condition, the period for fulfillment of the export obligation commences from the date of import of the first consignment and must be completed within a short, prescribed period; the change is effected by the Director General of Foreign Trade under powers in the Export and Import Policy.
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