Validity Of Import Licence/Certificate/ Permissions/ CCPs/ Export licence 2.12.2
"The period of validity means the period for shipment/ dispatch of goods covered under the licence/certificate/ permission. The validity of an import licence/ certificate/ permission is decided with reference to the date of shipment/ dispatch of the goods from the supplying country as given in Paragraph 9.11 A of this Handbook and not the date of arrival of the goods at an Indian port."