7.7 The financial powers of the licensing authorities and ALC are given in the table below:
| Category of Application | On published norms and under paragraph 7.5 of this Handbook |
| | CIF Value upto
Rs.50 Crore. | CIF value above Rs.50 crores |
| Issuing Authority For Advance License/ Advance License For Annual Requirement | Regional Licensing
Authority | Regional Licensing Authorities On The Recommendation Of Alc. |