Validity Of Import Licence/Certificate/ Permissions/ CCPs/ Export licence 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 consumables | Co-terminus with the Export Obligation Period of the EPCG 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. |