Value addition requirement limits enhancement of advance authorisations by imposing minimum value add conditions on later exports. For advance authorisations issued prior to 27.08.2009, enhancement of CIF/FOB value is conditioned on minimum value addition thresholds: where exports occur after 27.08.2009, a minimum value addition of 15% applies to that export component; where exports occurred prior to 27.08.2009, enhancement is subject to a minimum value addition of 15% or the value addition declared in the original application, whichever is lower.
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Provisions expressly mentioned in the judgment/order text.
Value addition requirement limits enhancement of advance authorisations by imposing minimum value add conditions on later exports.
For advance authorisations issued prior to 27.08.2009, enhancement of CIF/FOB value is conditioned on minimum value addition thresholds: where exports occur after 27.08.2009, a minimum value addition of 15% applies to that export component; where exports occurred prior to 27.08.2009, enhancement is subject to a minimum value addition of 15% or the value addition declared in the original application, whichever is lower.
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