Amendment to Para 4.84(b) of Handbook of Procedures, 2023

Notification No. NSDL/CIR/II/39/2025 dated October 23, 2025

Applicable Act/Rule: SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021 and allied regulations

Under the Advance Authorisation Scheme, exporters are required to fulfil their export obligation within a prescribed period after import. Earlier, Para 4.84(b) of the Handbook of Procedures specified a 120-day period for general imports and 180 days for gold, platinum, or silver-based jewellery.

The amendment revises the language of Para 4.84(b) to remove minor inconsistencies and ensure alignment with the corresponding FTP provision. The revised paragraph confirms:

  • Export obligation must be fulfilled within 120 days from the date of import for all consignments under Advance Authorisation.
  • For findings and mountings made of gold, platinum, or silver, and jewellery exports, the export obligation period remains 180 days from the date of import.
  • No further extension of the export obligation period will be permitted.

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