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of <h1>DGFT Circular: One-Time Extension for Pre-1995 Advance Licenses Under Duty Exemption Scheme; Resolve by Dec 31, 1997.</h1> The circular issued by the Director General of Foreign Trade addresses the revalidation and extension of the export obligation period for advance licenses under the Duty Exemption Scheme. It outlines a one-time provision for licenses issued before February 28, 1995, under the EXIM Policy 1992-97. Exporters must submit necessary documents to Regional Licensing Authorities promptly, as no further extensions or revalidations will be considered. Licensing authorities are instructed to resolve pending cases by September 15, 1997, allowing licensees to fulfill obligations by December 31, 1997.
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