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    <title>Advance Licence under para 4.2 and 4.3 of the Handbook of Procedures (Vol 1)</title>
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    <description>Branch offices of registered exporters may apply for deemed export benefits under the requirements of para 4.2 and para 4.3 of the Handbook of Procedures (Vol I). Issuing offices will, on specific request, endorse status certificates (including golden status certificates) expiring on the relevant date with a two year deemed extension. Retrospective relief for licences issued before the policy date includes permitting direct negotiation with prior RBI permission and submission of a FIRC in lieu of a BRC, permitting conversion of shipping bills under para 2.56, and allowing Advance Licences for intermediate supplies against invalidation as per para 4.13.</description>
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      <description>Branch offices of registered exporters may apply for deemed export benefits under the requirements of para 4.2 and para 4.3 of the Handbook of Procedures (Vol I). Issuing offices will, on specific request, endorse status certificates (including golden status certificates) expiring on the relevant date with a two year deemed extension. Retrospective relief for licences issued before the policy date includes permitting direct negotiation with prior RBI permission and submission of a FIRC in lieu of a BRC, permitting conversion of shipping bills under para 2.56, and allowing Advance Licences for intermediate supplies against invalidation as per para 4.13.</description>
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