Terms and Conditions of a licence/ Certificate/Permission

2.8

Every Licence/certificate/permission/Authorisation shall be valid for the period of validity specified in the Licence/ certificate/ permission and shall contain such terms and conditions as may be specified by the licensing authority which may include:

(a) The quantity, description and value of the goods;

(b) Actual User condition;

(c) Export obligation;

(d) The value addition to be achieved; and

(e) The minimum export price.