Validity of Import Licence/Certificate Authorisation/Permissions/CCPs/Export licence
2.12
Validity of import / export Authorisation from date of issue / shall be as follows, unless specified otherwise:
(i) | Advance Authorisation / DFIA (including Advance Authorisation for annual requirement, and Replenishment Authorisation for Gem & Jewellery as per Chapter- 4 of FTP) | 24 months |
(ii) a | For Zero duty EPCG Authorisations (other than spares) | 9 months |
(ii) b | For 3% EPCG Authorisations (other than spares) | 36 months |
(iii) | EPCG Authorisation for Spares, refractories, catalyst and consumables | Co-terminus with EOP of EPCG Authorisation. |
(iv) | Others including CCP and DEPB, unless otherwise specified | 24 months |
(v) | Advance Authorisation / DFIA for deemed export (including Advance Authorisation for annual requirement) | 24 months or Co-terminus with contracted duration of project execution, whichever is later. |
(vi) | Export Licence / Authorisation | 12 months (However, EFC may decide to issue Export Authorisation for a longer duration in case of R&D studies based on recommendation of technical authority) |