Advance Authorization based on Adhoc Norms-DGFT Clarifies
BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE

Dated: 28.12.23

Clarification on Adhoc Norms applicability

In case the approval of an Advance authorization license is pending or the redemption of the same is pending due to No Norms fixed or no SION then the Importers may avail the benefits, issued in the form of clarification, as per the DGFT Circular No. 08/23 dated 27.12.2023. The cited circular clarified the applicability of ad-hoc norms on pending cases/applications filed under the self-declaration scheme – Para 4.12 (vi) of Handbook of Procedure. ย 

The valid ad-hoc norms declared on or after 01.04.2015 shall also apply to cases under para 4.12 (iv) โ€“ advance license under self-declaration scheme on or after 01.04.2015 which were filed prior to the application for which ratification of ad-hoc norms was done.

However, such valid ad-hoc norms shall not apply to the items listed under Appendix 4P.

 

Download the DGFT Clarification below:

Policy Circular 08-2023 DGFT

In case you face any issues related to Indirect Tax-Customs, GST, Foreign Trade Policy (FTP), Arbitration matters and Central Licensing and related advisory matters in India then please feel free to get in touch with SJ EXIM Services.ย We offer Legal advice and litigation support in matters related to Indirect Tax-Customs, FTP, other Indirect Tax matters & Arbitration law, all sorts of Central licensing and related matters. Come and explore the new way of doing business with us!

 

 

Connect with us

@ Team S J EXIM SERVICES, New Delhi, IN

CP: Ms. Shubhra Jha/+91-9999005693

Web:ย www.sjexim.services

EMAIL: operations@sjexim.services | shubhra@sjexim.services

Facebook:ย Facebook Page

ย 

โ€œIndirect Tax & Litigations Advisoryโ€

Disclaimer:

  1. The views are of the Author based on his/her interpretation of the relevant information/documents, applicable law, and government policy and there is no assurance that a court or tribunal or regulatory body or other governmental authority may not interpret it differently.
  2. We are not responsible for updating or revising this article on account of any change in law or interpretation thereof or a change in events or circumstances informed or occurring after the date of this article unless specifically requested for it.
  3. Our advice should not be taken or used out of context or reproduced for any other purpose or transaction.ย Views expressed in this update are strictly personal, based on our understanding of the underlying law. We are not responsible for any injury, loss or cost arising to any person who refers to this update and acts or refrains from any act accordingly. We would suggest that detailed legal advice must be sought before relying on this update.

NOTE:ย All Inquiries/Pro Bono Consulting/Assignments are solicited via email only & it is a PAID Service only!

 

#CBIC #imports #exports #indirecttax #IndirectTaxIndia #grantthornton #ernstandyoung #pwc #kpmg #kpmgtax #govtofindia #cex #customs #IndianCustoms #IndianCustomsatwork #delloite #customscompliance #customsclearance #legal #legalupdates #litigations #customslitigation #legalnews #arbitration #Enforcement #UNCITRAL #UnitedNations #UNO #WorldBank #CourtofLaw #Law #InternationalLogistics #RailLogistics #RailFreight #Cargoonrail #GatiShakti #MinistryofRailways #MinistryofCommerce #India #GovtofIndia #InternationalArbitration #DGFT #Deloitte

Discover more from ๐’ ๐‰ ๐„๐—๐ˆ๐Œ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ

Subscribe to get the latest posts sent to your email.

Leave a Reply

Let’s connect

โ† Back

Thank you for your response. โœจ

Discover more from ๐’ ๐‰ ๐„๐—๐ˆ๐Œ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from ๐’ ๐‰ ๐„๐—๐ˆ๐Œ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ

Subscribe now to keep reading and get access to the full archive.

Continue reading