Condonation of delay in Special Import Licence applications permitted with late penalty reducing entitlement; applications within limited grace period considered. Applications for Special Import Licence filed after the prescribed last date but within a limited six month grace period may be considered as a procedural concession; such applications accepted under this concession are to be processed subject to a mandatory late cut on entitlement fixed at twenty five percent, establishing both the temporal eligibility for condonation and the penalty mechanism.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Condonation of delay in Special Import Licence applications permitted with late penalty reducing entitlement; applications within limited grace period considered.
Applications for Special Import Licence filed after the prescribed last date but within a limited six month grace period may be considered as a procedural concession; such applications accepted under this concession are to be processed subject to a mandatory late cut on entitlement fixed at twenty five percent, establishing both the temporal eligibility for condonation and the penalty mechanism.
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