Advance authorization for prohibited exports allows conditional export subject to pre-import norms and strict penalties. Advance authorization is permitted for otherwise prohibited export items subject to pre-import conditions under notified SION or prior fixation of norms by the Norms Committee, with import/export only through EDI-enabled ports. Imported inputs are subject to an actual user condition and cannot be transferred for any purpose. Export obligations are time-bound to a fixed Export Obligation Period from import clearance with no extensions; non-fulfilment or shortfall in value addition attracts a penalty multiple on the CIF value plus duty and interest.
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Provisions expressly mentioned in the judgment/order text.
Advance authorization for prohibited exports allows conditional export subject to pre-import norms and strict penalties.
Advance authorization is permitted for otherwise prohibited export items subject to pre-import conditions under notified SION or prior fixation of norms by the Norms Committee, with import/export only through EDI-enabled ports. Imported inputs are subject to an actual user condition and cannot be transferred for any purpose. Export obligations are time-bound to a fixed Export Obligation Period from import clearance with no extensions; non-fulfilment or shortfall in value addition attracts a penalty multiple on the CIF value plus duty and interest.
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