Export licence validity clarified and revalidation allowed in limited six-month increments on DGFT recommendation. Amendments revise Handbook provisions so that 'import' may read 'import/export' and add that an Export Licence/Authorisation carries a default validity of 12 months unless otherwise specified; they delete the existing sentence on original validity for restricted items in Para 2.12.4 and allow Regional Authorities, on DGFT recommendation, to revalidate export licences in six-month increments not exceeding 12 months from expiry.
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Export licence validity clarified and revalidation allowed in limited six-month increments on DGFT recommendation.
Amendments revise Handbook provisions so that "import" may read "import/export" and add that an Export Licence/Authorisation carries a default validity of 12 months unless otherwise specified; they delete the existing sentence on original validity for restricted items in Para 2.12.4 and allow Regional Authorities, on DGFT recommendation, to revalidate export licences in six-month increments not exceeding 12 months from expiry.
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