Enhancement / Reduction in the Value of Authorisation

4.21

In respect of an Advance Authorisation, RA concerned (as per their financial powers) may consider a request for:

(a) enhancement / reduction in CIF value of advance authorisation;

(b) enhancement / reduction in CIF value, quantity of inputs, FOB value and quantity of exports of an advance authorisation;

provided VA after such enhancement does not fall below minimum VA stipulated in FTP and HBP v1 laid thereunder and there is no change in input-output norms and FTP under which advance authorisation was issued.