IN FORCE Advance Authorisation ·? undated

Authorisation in Excess of Entitlement

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4.13 — Authorisation in Excess of Entitlement

  • An applicant shall be entitled for authorisation in excess of entitlement of CIF mentioned in paragraph 4.12 above subject to furnishing of 100% Bank Guarantee to Customs authority to cover exemption from customs duties. Regional Authority shall make a specific endorsement to this effect on authorisation. This provision shall also apply to Status Holders.

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