4.96 — General Provision

• i. For the purpose of import, the validity of DIA is 12 months from the date of issuance of Authorisation.

• ii. Period of fulfilment of export obligation is 18 months from the date of issuance of Authorisation.

• iii. Only one authorisation is allowed for one IEC for a particular financial year.

• iv. No ARO/Invalidation letter/Certificate of supply (CoS) is allowed against DIA. v. Imported material may be used in any unit of Diamond Imprest Authorisation holder subject to condition of paragraph 4.10 of this Handbook or by jobber / supporting manufacturer, provided same is endorsed on authorisation by Regional Authority. The facility of Co-licensee is not available for the DIA.

• vi. Goods exported under Diamond Imprest Authorisation may be re-imported in same or substantially same form subject to such conditions as may be specified by Department of Revenue. Authorisation holder shall also inform about such re- importation to the Regional Authority which had issued the Authorisation within one month from the date of re-import.

• vii. No extension of export obligation period will be allowed against DIA. viii. No Revalidation will be allowed against DIA

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