Advance Authorization closure for OFAC country transactions
Amendments in the Guidelines of ANF-4F of Handbook of Procedures 2015- 2020
Public Notice No. 50/2015-2020 Dated the 17 March, 2022
In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015- 2020, as amended from time to time, the Director General of Foreign Trade makes the following amendments in the guidelines of ANF-4F of Handbook of Procedures, 2015-2020:
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Existing Para 2(a)(i) |
Amended Para 2(a)(i) |
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(i) e-BRC / Bank Certificate of Exports and Realisation in the form given at Appendix 2U or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix 2L in case of offsetting of export proceeds. |
(i) e-BRC / Bank Certificate of Exports and Realisation in the form given at Appendix 2U or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix 2L in case of offsetting of export proceeds. In case of export to OFAC listed countries, exporter may submit FIRC along-with the self-declaration that e-BRC could not be generated by the concerned bank. |
Effect of this Public Notice: Guidelines of ANF-4F of Handbook of Procedures, 2015- 2020 has been amended to allow submission of FIRC in case of exports made to OFAC listed countries under Advance Authorization.
