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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Foreign Trade Policy Update: Paragraph 4.72 Revised to Allow Transferability of Authorizations After Export Obligations Met.</h1> The Director General of Foreign Trade has amended the Handbook of Procedures, Vol. I, under the Foreign Trade Policy 2004-2009. Paragraph 4.72 is revised to allow the transferability of authorizations once export obligations are fulfilled and necessary documents are submitted. The authorization will include an endorsement regarding the liability of additional customs or excise duties on imported or procured inputs. DFIA holders must pay these duties, with interest, to the Customs Revenue account and provide evidence to the Regional Authority. Restricted items can only be transferred with a separate authorization or permission as per the Foreign Trade Policy.