Revision of SION by NC
4.10.2
At the beginning of the financial year or at any other time as NC may find it necessary, NC may identify the SIONs which in its opinion are required to be reviewed. The exporters are required to submit revised data in form given in ‘Aayaat Niryaat Form’ for such revision. It is mandatory for the industry/ exporter(s) to provide production and consumption data etc. as may be required by DGFT/EPC for revision of SION. Otherwise, the applicant shall not be allowed to take the benefit of Advance Authorization scheme.