[Solved] DGFT may issue Advanced License, where SION does not exists, based on self declaration, based on :-

McqMate

Q.	DGFT may issue Advanced License, where SION does not exists, based on self declaration, based on :-
A.	Undertaking by the applicant , Final adjustments as per adhoc SION , Adhoc norms fixed category
B.	Final adjustments as per adhoc SION , Adhoc norms fixed category , Track record of exporter
C.	None of the above
D.	Can’t say
Answer» A. Undertaking by the applicant , Final adjustments as per adhoc SION , Adhoc norms fixed category

3.5k

0

Do you find this helpful?

23

View all MCQs in

Export Import Procedures and Documentation

Discussion

No comments yet

Related MCQs

Deemed export benefits are sanctioned by DGFT without claims.
Where the headquarters of DGFT is situated?
Import Export code (IEC) number is issued by -------Regional licensing authority of DGFT
An EPCG License holder may source capital goods from domestic leasing company.
Bona fide technical and trade samples of items, even those in the restricted in ITC(HS)Classifications of Export and Import items is allowed without a license for a value not more than Rs. 1 lakh(CIF)
An important feature of Export License under which certain goods can be imported only by designated agencies. For an example, an item like gold, in bulk, can be imported only by specified banks like SBI and some foreign banks or designated agencies.
Any person applying for any License of benefit or concession under the foreign Trade Policy will be required to furnish:
The license that is transferable is
The license that is transferable is
Advance license facility enables ----------- to import inputs without payment of custom duty.