DGFT Withdraws Circular on Penicillin Import; Extends Export Obligation to Six Months for Advance Licenses.
Policy Circular No. 7 dated 4/11/04, concerning the export obligation period for the import of Penicillin and its salts (ITC HS Code 29411010) and 6-APA (ITC HS Code 29411050) under advance licenses, has been withdrawn by the Directorate General of Foreign Trade. The export obligation period for any advance license issued with a three-month period under this circular is now automatically extended to six months, aligning with Public Notice No. 6 and Policy Circular No. 1, both dated 17/09/04. Regional Licensing Authorities may provide specific endorsements if requested.
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