4.7.2

Once the norms are fixed by NC, the value limits mentioned in sub paragraph 4.7.1 above would not be applicable to Advance Authorisations issued under this paragraph. Such authorisations, subsequent to fixation of norms by NC, may be enhanced.

It is mandatory for the industry to provide production data etc. as may be required by DGFT/EPC for fixation of SION. Otherwise, the applicant shall not be allowed to take the benefit of Advance Authorization scheme for taking repeat advance authorization on self-declared basis.