Enhancement/ Reduction in the Value of Authorisation

4.21

In respect of an Advance Authorisation, the Regional Authority concerned (as per their financial powers) may consider a request for enhancement/ reduction in the CIF value of the authorisation, provided the value addition after such enhancement does not fall below the stipulated minimum value addition (as per the policy and the procedure laid thereunder) and provided there is no change in the input-output norms and the Policy under which the authorisation was issued.