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DGFT Hand Book of Procedures (Pdf)'>Foreign Trade Procedure (wef 01/04/2015) (Pdf) 4.13

4.13

Authorisation in Excess of Entitlement

An applicant shall be entitled for authorisation in excess of entitlement of CIF mentioned in paragraph 4.12(a) above subject to furnishing of 100% Bank Guarantee to Customs authority to cover exemption from customs duties. Regional Authority shall made a specific endorsement to this effect on authorisation. This provisions shall also apply to Status Holders.

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