DGFT Amends Handbook to Permit Export of Restricted Items Under Advance Authorization with Strict Compliance Rules.

The Directorate General of Foreign Trade has amended the Handbook of Procedures to allow the export of items typically prohibited under Chapter 7 and Chapter 15 of the ITC (HS) Schedule 2 through the advance authorization scheme. This is contingent upon pre-import conditions and norms set by the Norms Committee. Exports are restricted to EDI-enabled ports, with a 90-day export obligation period from import clearance, with no extensions. Imports must adhere to the actual user condition, prohibiting transfer of raw materials. Non-compliance results in a penalty of five times the CIF value of the shortfall, plus applicable duty and interest.