Validity Of Import Licence/Certificate/Authorisation/ Permissions/CCPs/ Export licence

2.12

The validity of import/export licence/certificate/ Authorisation/permission from the date of issue of licence/ certificate/Authorisation/ permission shall be as follows:

(In first sentence the words "/export" has been added vide PN.NO. 24/2006, DT. 20/06/2006)

(i) Advance Authorisation / DFIA (including Advance Authorisation / [Deleted - DFIA for Annual Requirement]), DFRC and Replenishment licence for Gem & Jewellery as per Chapter- 4 of the Policy.	24 months
(ii) EPCG Authorisation (other than spares).	36 months
(iii) EPCG Authorisation for Spares, refractories, catalyst and consumables.	Co-terminus with the Export Obligation Period of the EPCG Authorisation.
(iv) Others including CCP and Duty Entitlement Passbook Scheme, unless otherwise specified.	24 months
(v) Advance Authorisation / DFIA for deemed export (including Advance Authorisation / [Deleted - DFIA for Annual Requirement ]).	24 months or Co-terminus with the contracted duration of execution of the project whichever is later.
(vi) Export Licence / Authorisation	12 months unless otherwise specified in the licence.

(Above (vi) has been added vide PN.NO. 24/2006, DT. 20/06/2006)

(In above (i) and (v) the words and expression "DFIA for annual requirement" has been deleted vide PN. NO. 09/2006, DT. 18/05/2006)