Poonawalla fincorp
Poonawalla fincorp

Advance authorisation

This query is : Resolved 

17 January 2015 Please any one tell me,
What is the difference between Ad-hoc Norms and SION in Advance Authorization?

17 January 2015 Dear Sadik,

Noted that after / at the time of issuance the ADVANCE LICENCE a request send in DGFT HQRS regarding the ALC COMMITEE
example
*******
(a)Item of Export

Phthalocyanine Blue Beta (Rosinated)
quantity 1 kg.

(b) import qty
***********
Copper :0.915 kg.
phthalocyanine Blue crude: 0.076 kg.
Rosin B.S.: 0.120 kg.
Ortho Xylene:0120 kg.
explanation
***********

you will be admissible for import item (b) if you wish to export the item(a)and if you will be mandatory import if you export the item(a)

on the other hand SION issued by Ministry of commerce @ publish the policy & amended done by ministry from time to time.

17 January 2015 Thank you sir...



17 January 2015 welcome sadik for posting query in CA CLUB INDIA....



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries