Eximkey - India Export Import Policy 2004 2013 Exim Policy
4.7.2

Once the norms are fixed by ALC, the value limits mentioned in sub paragraph 4.7.1, above would not be applicable to advance licences issued under this paragraph. Such licences, subsequent to fixation of norms by ALC, may be enhanced to a value originally applied for or as decided by the competent authority.

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