In its continuous efforts to simply, automate and ease of doing business, DGFT has now added a new sub para under para 4.14 HBP 2023.
The new Sub Para (iii) of 4.14 states:
Ad-hoc Input Output Norms may also be decided in a rule-based IT environment without reference to Norms Committee. However, a certain percentage of cases as flagged by the RMS may be referred to NORMS Committee for validation/review.
This will ease the process of Ad-hoc Norms and also reduce the timeline for the same.
The Public Notice also further added new sub para 4.06(vii) which allowed Norms Committee to recommend cases which come for Ad-hoc Norms to be notified as SION on case-to-case basis.
Both the above provisions will really help exporters and smoothen the process of Ad-hoc Norms related activities under Advance Authorisation.
The Public Notice No. 51/2023 Dated 14.03.2024 can be downloaded from link below:
https://content.dgft.gov.in/Website/dgftprod/482e2b8e-a091-4266-b347-1646c08071f2/Public%20Notice%20English.pdf
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