4.20.3

The facility is available only for Advance Licence(s) where there is shortfall in fulfillment of export obligation, and which is sought to be clubbed with an advance licence(s) which is valid for imports. For expired licence(s) with EO shortfall and which is sought to be clubbed with an advance licence(s) which is valid for imports ,the applicant shall pay the composition fee for E.O. period extension as per the provision of paragraph 4.22.