banner_ad

Last date of export against advance licence

258 views 1 replies
This query is in reference to the Advance Licence which was issued to us on 09th September 2015. As per the condition of this Advance Licence, first we have to import and then export to discharge its export obligation within the time frame of 90 days from the date of filing Import Bill of entry. Since it is the new business thus we had very few orders of export resulted that we could not use the advance licence for the complete first year till 9th September 2016. Therefore we applied for the extension of this Advance Licence for another six month till 08th March 2017 and was allowed too by DGFT. Now considering the future forecast of export orders, we had imported with the quantity of 50 MT and filed its Bill of entry on 16th January 2017. Hence kindly advise us THE LAST DATE OF EXPORT, wherein we can discharge our export obligation, as the last date of this Advance Licence is 08th March 2017 after the above said extension.
Replies (1)
Last date is not considere from the date of bill of entry, it is the date mentioned in the license itself.

Also if you are unable to use it fully, you can surrender the balance unutilised value and file redemption for utilised value.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details