Eximkey - India Export Import Policy 2004 2013 Exim Policy
5.10

If the Authorisation issued under the scheme has actually been utilized for import of a value in excess of 10% of the CIF value/ duty saved amount of the Authorisation, Authorisation shall be deemed to have been enhanced by that proportion. The Customs shall automatically allow the clearance of goods in excess upto 10% of the Authorisation value/duty saved amount without endorsement by the Regional authority.

In such cases, the Authorisation holder shall furnish additional fee to cover the excess imports effected in terms of CIF value/ duty saved amount to the Regional authority within one month of the excess imports taking place. The export obligation shall automatically stand enhanced proportionately.

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