Amendment in paragraph 2.55 and 2.56 of Handbook of Procedures of FTP, 2015-20 as notified by Public Notice No.12/2015-2020, dated 18.5.2015 – Pre Shipment Inspection Agency (PSIA).
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Pre-shipment inspection agency recognition: extended application deadline with provisional filing allowed; bank guarantee required before notification. Amendments require existing and new applicants for recognition as Pre-shipment Inspection Agencies to apply in ANF 2L by the prescribed cutoff, with late applications taken up after the subsequent month. Applicants may initially submit applications without the ANF-2L bank guarantee; however, the requisite bank guarantee or equivalent financial instrument must be submitted before they are notified as PSIA under the Foreign Trade Policy and Handbook of Procedures.
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Pre-shipment inspection agency recognition: extended application deadline with provisional filing allowed; bank guarantee required before notification.
Amendments require existing and new applicants for recognition as Pre-shipment Inspection Agencies to apply in ANF 2L by the prescribed cutoff, with late applications taken up after the subsequent month. Applicants may initially submit applications without the ANF-2L bank guarantee; however, the requisite bank guarantee or equivalent financial instrument must be submitted before they are notified as PSIA under the Foreign Trade Policy and Handbook of Procedures.
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