Import licence validity extensions provide longer operative periods and require licence endorsement to obtain the extension. Amendment extends validity periods for various import licences and related instruments issued in the earlier specified period: Advance Licences (including Annual Requirement), DFRC and Replenishment for Gem & Jewellery-24 months; EPCG (other than spares)-36 months; EPCG for spares, refractories, catalyst and consumables-co-terminus with EPCG Export Obligation; others including CCP and Duty Entitlement Passbook Scheme-24 months unless specified; Advance Licence for deemed export-24 months or co-terminus with contracted project execution period, whichever is later. Licence holders must present licences for endorsement by licensing authorities to receive the extended validity.
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Provisions expressly mentioned in the judgment/order text.
Import licence validity extensions provide longer operative periods and require licence endorsement to obtain the extension.
Amendment extends validity periods for various import licences and related instruments issued in the earlier specified period: Advance Licences (including Annual Requirement), DFRC and Replenishment for Gem & Jewellery-24 months; EPCG (other than spares)-36 months; EPCG for spares, refractories, catalyst and consumables-co-terminus with EPCG Export Obligation; others including CCP and Duty Entitlement Passbook Scheme-24 months unless specified; Advance Licence for deemed export-24 months or co-terminus with contracted project execution period, whichever is later. Licence holders must present licences for endorsement by licensing authorities to receive the extended validity.
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