Validity Of Import Licence/Certificate/ Permissions/ CCPS 2.12
The validity of import licence/certificate/ permission from the date of issue of licence/ certificate/ permission shall be as follows:
| (i) | Advance Licence (including Advance Licence for Annual Requirement), DFRC and Replenishment licence for Gem & Jewellery as per Chapter- 4 of the Policy | 24 months |
| (ii) | EPCG licence (other than spares) | 36 months |
| (iii) | EPCG Licence for Spares, Refractories,
Catalyst and Consummables | Co-terminus with the Export Obligation
Period of the EPCG Licence |
(Above (iii) has been amended vide P.N. No.21/2004, DT. 08/11/2004)
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[OLD-
(iii) | EPCG Licence for Spares, refractories, catalyst and consumables | Co-terminus with the Licence. ] |
| (iv) | Others including CCP and Duty Entitlement Passbook Scheme, unless otherwise specified | 24 months |
| (v) | Advance Licence for deemed export (including Advance Licence for Annual Requirement) | 24 months or
Co-terminus with the contracted duration of execution of the project whichever is later. |