Dear Sir,
We have imported raw material under Advance Authorisation Scheme. In the Application ANF 4B we have said that the loss in processing would be about 25%. The NC has now fixed the loss norms (after one year of follow-up) at 11% which is very low and we may not be able to ahere to it nor fulfill the EO.
Is there any avenue available to us to represent the NC, once again, to modify the rate fixed by them
Can we request technical committee members to visit our plant to get the first hand information on the yield we obtain
If, still, NC not consider our request, what is the recourse available
regards
PSSatyanarayana
Entity Challenges Norms Committee's 11% Loss Limit Under Advance Authorisation Scheme, Seeks Appeal and Verification Options A discussion on a forum involves an entity facing issues with the fixed loss norms under the Advance Authorisation Scheme. Initially, they estimated a 25% loss in processing, but the Norms Committee (NC) set it at 11%, which they find unfeasible. They seek advice on how to appeal the NC's decision and consider requesting a plant visit for verification. Suggestions include submitting detailed process documentation, obtaining recommendations from associations, and providing certificates from chartered engineers and accountants. Despite having submitted these before, they inquire about further recourse if the NC denies their request again. (AI Summary)
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