www.ieport.com
DGFT PUBLIC NOTICE NO. 25(RE-03) dated 17/09/2003
Export obligation period for advance licences issued for import of drugs
In exercise of powers conferred under paragraph 2.4 of the Export and Import
Policy, 2002-07, the Director General of Foreign Trade hereby makes the
following amendment in the Handbook of Procedures (Vol.I):
1.The following shall be added at the end of para 4.22 :-
“However, in case of Advance Licences for drugs, which have been issued against
a specific export order and with pre-import condition the period of fulfillment
of export obligation shall commence from the date of import of the first
consignment and shall be fulfilled within a period of 6 months.”
This issues in public interest.
( L. MANSINGH )
DIRECTOR GENERAL OF FOREIGN TRADE