Advance Licence under para 4.2 and 4.3 of the Handbook of Procedures (Vol 1)

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....Sub: 1) Application by branch office of Registered exporters for Deemed export benefits 2) Endorsement by RLA's for automatic extension of Status upto 31.03.2004 for Golden Certificate and other status holders 3) Retrospective effect to certain changes in the Exim Policy 2002-07 1) The issue of application by the branch offices of registered exporters for deemed export benefits was deliberat....

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....olden status certificate) upto 31.03.2004. Some firms had represented that they were facing difficulty in the absence of specific endorsement to this effect on the status certificate. It has therefore been decided that the office which has initially issued such a certificate would make an endorsement on such status certificates (including golden status certificates) expiring on 31.03.2002 granting....

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....xports prior to 01.04.2002 would also be permitted provided the exporter has got specific permission of RBI and submits a FIRC (Foreign Inward Remittance Certificate) in lieu of BRC (Bank Realisation Certificate) during redemption. b. In the case of licences issued before 01.04.2002 under the provisions of previous Exim Policies, a decision has been taken to permit conversion of one shipping bil....