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Validity period of Authorisation/ Licence / Certificate / Authorisation / Permissions / CCPs as per Foreign Trade Policy of India 2015-20.
Validity period of Import / Export Authorisations from the date of issue shall be as follows, unless specified otherwise:
(i)Export Authorisation for restricted (Non SCOMET) goods
12 months (However, EFC may decide to issue Export Authorisation for a longer duration in case of R&D studies based on recommendation of technical authority)
(ii)Export Authorisation for SCOMET items - 24 months
(iii)Import Authorisations for restricted items and CCP - 18 months
(iv)EPCG Authorisation- 18 months
(v)Advance Authorisations (AA) for Deemed Export
Coterminous with contracted duration of project execution or 12 months, whichever is more.
(vi) AA {except (v) above}, DFIA, Replenishment Authorisation for Gems &Jewellery as per Chapter 4 of FTP. - 12 months from issue date.
However, DGFT may decide to issue specific authorisation/ class of authorisations for a longer/shorter validity period.
Validity of Authorisation/ Licence for import/export
(a) Authorisations must be valid on the date of import.
(b) Similarly, export obligation period of an Authorization must be valid on the date of export.
Validity of Scrips
Scrips under Chapter 3 and 5 must be valid on the date on which actual debit of duty is made.
The above information is about validity period of DGFT Authorisation, Licence, Certificate, Authorisation, Permissions, and CCPs as per Foreign Trade Policy of India 2015-20. You can comment your thoughts about validity period of DGFT Authorisation, Licence, Certificate, Authorisation, Permissions, and CCPs below.
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The above information is a part of Guide on howtoexport and import
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