Financial Powers 4.8
The financial powers of the licensing authority and ALC are given in the table below:
Category of Application | On published norms and under paragraph- 4.7 of this Handbook |
Regional Licensing Authority | Regional Licensing Authorities on the recommendation of ALC. |
| Petroleum /Petrochemical products & Advance Licence for Annual Requirements | Others | Petroleum / Petrochemical products & Advance Licence for Annual Requirements | Others |
CIF value of Licence | Upto Rs. 500 crore | Upto Rs. 100 crore | Rs.500 crore or above | Rs. 100 crore or above |