Advance authorisation application
Asked by
Advance authorisation consolidation permitted but separate authorisations advised to avoid surrender and EODC complications.
The applicant may submit a single advance authorisation application referencing all EPCG authorisation numbers and their invalidation letters to consolidate requirements for supply of capital machinery, but separate authorisations are advisable because consolidation can force surrender of the entire authorisation if one purchaser cancels and may complicate EODC compliance and increase clearance costs. (AI Summary)
The applicant may submit a single advance authorisation application referencing all EPCG authorisation numbers and their invalidation letters to consolidate requirements for supply of capital machinery, but separate authorisations are advisable because consolidation can force surrender of the entire authorisation if one purchaser cancels and may complicate EODC compliance and increase clearance costs. (AI Summary)
Dear Experts,We are in receipt of 4 different parties Epcg authorisation with Invalidation letter for supply of capital machinery under FTP Para 8.2(c).Supply items are same for all four parties.My query is can we merge all parties invalidation and apply one advance authorisation.In application , We mention in all parties epcg authorisatin no with their invalidation letter no.Kindly confirm shall we do like that or apply advance authorisation seperatlly(partywise).Thanks in advance for your valued suggestion.Thanking you.Pritesh Shah
TaxTMI