Revalidation and endorsement of transferability of expired Advance Licences issued during Exim Policy 1992-97 - regarding

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....ransferability of expired Advance Licences issued during Exim Policy 1992-97 - regarding. The issue of granting endorsement of transferability of expired Advance Licences issued during Exim Policy 1992-97 was under examination in the Department of Revenue in consultation with the DGFT/MOC. The matter was also referred to the Ministry of Law. The export obligation against all these Licences had ....

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.... Where the licences could not be submitted to DGFT/MOC for endorsement of transferability in terms of DGFT PN No. 62 because of delay in logging of DEEC book or delay in issuance of Modvat Reversal Certificate by Customs. In respect of cases covered under (ii) above, the licence holder shall also be required to submit a certificate from the concerned Assistant Commissioner of Customs / Ce....