Issuance of transferable advance license in respect of exports effected prior to 01.04.2000

GOVERNMENT OF INDIA http://dgft.gov.in/exim/2000/cir/cir00/cir3100.htm[2/24/2017 2:40:01 PM] GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DIRECTORATE GENERAL OF FOREIGN TRADE   Policy Circular No:  31 (RE-00)/2000-2001                                     Dated: 18th    Oct., 2000     ALL LICENSING AUTHORITY ALL COMMISSIONERS OF CUSTOMS    

Subject:         Issuance of transferable advance

licence in respect of exports effected prior to 01.04.2000.                         Requests have been received from exporters   for the grant of transferable advance licence against their pending applications in respect of exports effected by them before   01.04.2000. The issue has been examined in this office and it has been decided that the transferable advance licence may not be allowed to be issued after the notification of revised EXIM Policy on 31.03.2000, even in respect of exports affected on or before 31.03.2000. However, the prorata enhancement in respect of already-issued transferable advance licences may be allowed to cover exports affected up to 31.03.2000, even if it may amount to enhancement beyond 100% in value and quantity. This enhancement may not, however, cover the exports affected on or after 01.04.2000.                 This issues with the approval of the Director General of Foreign Trade.     (A .K. Srivastava)                                      `Dy. Director General of Foreign Trade