21 June 2010
Sirs., We have taken adv.authorization under para 4.7. Since the queries from DGFT HQ were not replied in time our case has been rejected. Now how do we proceed for getting the norms fixed. ALready we have completed almost 10% imports and about 25% of exports. The rejection was done about a month ago. Please advise procedures, whether we have to go to Policy relaxation committee and howmuch fine will have to be paid.
CAclubindia
