2.13.1

However, revalidation of freely transferable licence/certificate/permissions and stock and sale licence/certificate/permission shall not be permitted unless the licence/ certificates/ permissions have expired while in custody of the Customs authority/licencing authority.

(Above para has been amended vide P.N. No.21/2004, DT. 08/11/2004)

[OLD-
However, revalidation of licence/certificate/permissions and stock and sale licence/certificate/permission shall not be permitted unless the licence/ certificates/ permissions have expired while in custody of the Customs authority/ licencing authority. ]