PARA 4.1.8
An Advance Licence holder, holder of
advance licence for annual requirement and holder of DFRC intending to
source the inputs from indigenous sources/State Trading Enterprises/ EOU/SEZ/
EHTP/STP units in lieu of direct import has the option to source them against
Advance Release Orders denominated in foreign exchange/ Indian rupees. The
transferee of a DFRC shall also be eligible for ARO facility. However,
supplies may be obtained against the licence from EOU/ EHTP/ STP/SEZ units,
without conversion into ARO.
PARA 4.1.8
An Advance Licence holder or a holder of DFRC, intending to
source the inputs from indigenous sources/state trading enterprises in lieu of
direct import has the option to source them against Advance Release Orders
denominated in foreign exchange / Indian Rupees. The transferee of a DFRC shall
also be eligible for ARO facility. However, supplies may be obtained against the
licence from EOU/EPZ/EHTP/STP/ SEZ units, without conversion into
ARO.
(Above para has been amended vide Ntf. No.
17/2002-07, Dt. 07/11/2002)
[OLD - An Advance Licence holder
and holder of DFRC intending to source the inputs from indigenous sources/state
trading enterprises/ EOU/ EPZ/SEZ/ EHTP/STP units in lieu of direct import has
the option to source them against Advance Release Orders denominated in foreign
exchange/Indian rupees. The transferee of a DFRC shall also be eligible for ARO
facility.
(Above Para 4.1.8 has been amended vide Ntf. No.
16/2002-07, Dt. 08/10/2002)]
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