DGFT notified regarding the Clarification on the applicability of ad-hoc norms

Dec 28, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Directorate General of Foreign Trade (DGFT) on December 27, 2023, issued a notification regarding the Clarification on the applicability of ad-hoc norms-reg.

The following has been stated:

• In Para 4.12 (vi), which states “Entitlement” of Handbook of Procedures 2023:

It has clarified that valid ad-hoc norms ratified on or after April 01, 2015, will also apply to pending cases/applications filed under the self-declaration scheme on or after April 01, 2015, which were filed before the application against which ratification of such ad-hoc norms were done.

However, this clarification will not be applicable in the case of items listed under Appendix 4P for other applicants.

[Notification No 08/2023]


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