Revalidation/EOP Extension in Advance License

 Legitimacy period for import of Advance Authorization will be a year from the date of issue of Authorization.
One revalidation period for a long time is accessible.

Demands for revalidation of Authorization will be documented online in ANF-4D.

( Kindly allude to the Appendices and Aaayat Niryat Forms in the DGFT
site :www.dgft.gov.in)
An application charges of Rs.500 is payable alongside the solicitation for revalidation.

Send out Obligation Period and its augmentation

 Exporters are needed to satisfy the product

  1. commitment inside eighteen months from the date of issue of the Authorization.He can begin trading from the date the Authorization is given.
  2. At the point when an exporter for reasons unknown can’t finish the commitment inside year and a half then he can apply for an expansion for six months.But this comes at a cost.He needs to pay an organization charge @ of 0.5% of the deficit in Export Obligation esteem.
  3. An exporter in the event that is as yet confronting deficit in satisfaction of product commitment he might apply briefly an ideal opportunity for a further time of six months.He is qualified for the second augmentation provided that he has satisfied least half commodity commitment as far as worth and quantity.He needs to pay a creation expense @0.5% each month on the unfulfilled FOB esteem.
  4. Demands for revalidation of Authorization will be recorded online in ANF-4D.( Please allude to the Appendices and Aaayat Niryat Forms in the DGFT
    site :www.dgft.gov.in)