Request for closure of Advance Authorisation licenses issued as per para 4.16 (a) of FTP, pending for want of payment to be received from Foreign Currency Account

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....RADE POLICY SECTION - 4,  ROOM NO. 210 UDYOG BHAVAN, NEW DELHI - 110011 Dated 15.07.15 OFFICE MEMORANDUM Subject : Request for closure of Advance Authorisation licenses issued as per para 4.16 (a) of FTP, pending for want of payment to be received from Foreign Currency Account The undersigned is directed to say that a number of representations from exporters were received wh....

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....uested to instruct all concerned SEZ units that as per Rule 30(8) of SEZ, that the unit were required to make payments from their FCA, in cases of supplies received by them towards fulfilment of export obligation against the Advance Authorisation of the DTA supplier. Therefore, all Development Commissioners may be directed to advise concerned SEZ Units to make payment from their FCA to the supplie....