The Directorate General of Foreign Trade (DGFT), issued a notification, extending the import validity period and the export obligation period for existing Advance Authorizations (AAs)/DFIA expiring from February to July 20 has been granted.
The notification providing extension in the import validity period and the export obligation period for existing Advance Authorizations (AAs)/DFIA was issued addressing all the Regional Authorities of DGFT and Exporters 1 Member of Trade.
The Regional Authorities of DGFT and Member of Trade are supposed to follow the procedure prescribed in the notification.
Firstly, Automatic Extension of Import Validity period and EO period by 6 months for AAs under Hand Book of Procedures (HBP) Para 4.41(e) and Para 4.42(h) where no revalidation/EO period extension has been granted till date.
“In all such cases where the facility of first or second extension in the import validity period or the EO extension period has not been availed by the exporter earlier, the revised or the extended import validity/E0 period, as per the relaxations permitted would be updated in the ICEGATE/Customs System automatically based on a defined protocol between the DGFT–NIC/Customs in this regard,” the circular said.
Secondly, Extension of Import Validity period and EO period by 6 months for Advance Authorizations(AAs) under HBP Para 4.41(e) and Para 4.42(h) where revalidation/EO period extension has been granted till date.
“For those AAs where 1st or the 2nd re-validation or EO extension has been granted under the respective paras of HBP, automatic transmission of extended dates is not possible due to system architecture issues. In such cases, the exporters shall make an amendment request through email/letter to the concerned Regional Authority providing the details of the case. RAs, upon receiving such requests from the exporters, shall expeditiously verify the eligibility of the request, and then carry out the amendments for Revalidation / EOP Extension in the local server,” the circular said.
Thirdly, Extension of Validity/EO by 6 months for AAs under HBP Para 4.41(e) and Para 42(h) where authorizations are Physical (non-EDI) in nature.
“For such authorizations, the procedure to be adopted would be similar to amendment requests as given in para (B) above. The authorizations need to be produced physically at the concerned Regional Authority with a request for an extension in EO/re-validation. The concerned RA shall examine the request and endorse the extended validity/EO based on eligibility as per provisions of FTP/HBP,” the circular said.
Lastly, “Same procedure, as given in Para A, B & C shall apply for an extension of validity of the DFIAs for import,” DGFT said.To Read the full text of the Circular CLICK HERE