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of <h1>DGFT Circular: Special Imprest Licenses for Turnkey Projects Now Revalidated Up to Contracted Supply Period.</h1> The circular from the Directorate General of Foreign Trade (DGFT) addresses the revalidation of Special Imprest Licenses issued before November 12, 1997. Initially, these licenses could be revalidated for a maximum of 30 months, similar to Advance Licenses, as per a previous policy circular. The current modification allows for the revalidation of Special Imprest Licenses related to turnkey projects up to the contracted supply period. This decision has been approved by the DGFT.
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