Benefits to the Supplier

8.4.1

(i) In respect of supplies made against Advance Authorisation/DFRC/DFIA in terms of Paragraphs 8.2 (a) of the Policy, the supplier shall be entitled to Advance Authorisation/DFRC/DFIA for intermediate supplies, as the case may be.

(ii) If the supplies are made against Advance Release Order (ARO) or Back to Back Letter of Credit issued against Advance Authorisation / DFIA in terms of Paragraphs 4.1.11 and 4.1.12 of the Policy, suppliers shall be entitled to the benefits listed in Paragraphs 8.3(b) and (c) of the Policy wherever is applicable.

(Above (i) & (ii) has been amended vide NTF.NO. 13/2006, DT. 15/06/2006)

[OLD-
(i) In respect of supplies made against Advance Authorisation in terms of paragraphs 8.2(a) of the Policy, the supplier shall be entitled to Advance Authorisation for intermediate supplies.

(ii) If the supplies are made against Advance Release Order (ARO) or Back to Back Letter of Credit issued against Advance Authorisation in terms of paragraphs 4.1.11 and 4.1.12 of the Policy, supplier shall be entitled to the benefits listed in paragraphs 8.3(b) and (c) of the Policy, whichever is applicable. ]

(iii) If the supplies are made against Advance Release Order (ARO) or Back to Back Letter of Credit issued against DFRC, the supplier shall be entitled to the benefit listed in paragraph 8.3(b) of the Policy.