2.59 — Conditions applicable on availing quotas

All eligible entities are eligible to avail quotas subject to the conditions as detailed below:

• (i) All eligible entities desiring availment of quota as mentioned above, may make an online application to EFC in ANF-2M to DGFT, completed application forms along with prescribed documents must be submitted on or before 1st March of each financial year preceding to the year of quota

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• (ii) Imports have to be completed before 31st March of financial year i.e. consignments must be cleared by customs authorities before this date.

• (iii) Since import of maize (corn) is through STEs, the allottees of quota i.e., designated agencies in paragraph 2.58 (b) above for this item shall also be granted an import Authorisation for allotted quantities as indicated at Sl. No. 21 (b) of Customs Notification No. 21/2002 dated 1.3.2002 in terms of paragraph 2.21 of FTP.

• (iv) Application fee for these applications shall be paid according to procedure contained in Appendix 2K of Appendices & Aayat Niryat Forms.

• (v) EFC in DGFT will evaluate and allot quota among applicants by 31st March of each financial year preceding to year of quota.