New Guidelines for Handling Pre-2002 Advance Licence Cases: Document Submission and Verification Required.
The Director General of Foreign Trade issued guidelines for handling old advance licence cases issued before March 31, 2002, where licensees cannot produce logged DEEC books. For Quantity Based and Value Based Advance Licence cases, specific documents must be submitted, including shipping bills, bank realization certificates, and affidavits. MODVAT/CENVAT certificates are required unless exemptions apply. Customs authorities must verify export details before bond redemption. Misrepresentation or fraud cases, and certain marble import licences, are excluded. Regional Licensing Authorities must report monthly to Customs. This notice serves public interest and outlines indemnity bond requirements.
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