Value addition requirement updated: Appendix 11B now governs enhancement and revalidation of advance authorisations. Amendments add Appendix 11B value addition as a comparator for enhancement of CIF/FOB values in advance authorisations issued prior to 27.8.2009: for exports on or after that date enhancement is subject to the lower of 15% and the Appendix 11B VA; for earlier exports it is subject to the lowest of 15%, Appendix 11B VA, or the VA declared in the original application. Revalidation must maintain VA at the higher of 15% (and FTP para 4.1.6) or authorisation stipulation, with Appendix 11B VA prevailing where applicable.
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.
Value addition requirement updated: Appendix 11B now governs enhancement and revalidation of advance authorisations.
Amendments add Appendix 11B value addition as a comparator for enhancement of CIF/FOB values in advance authorisations issued prior to 27.8.2009: for exports on or after that date enhancement is subject to the lower of 15% and the Appendix 11B VA; for earlier exports it is subject to the lowest of 15%, Appendix 11B VA, or the VA declared in the original application. Revalidation must maintain VA at the higher of 15% (and FTP para 4.1.6) or authorisation stipulation, with Appendix 11B VA prevailing where applicable.
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