Special Import Licence valuation rule for spice imports revised; cooperative and trading entities exempted from SIL surrender. Imports of cassia, cinnamon, cloves and tejpat are permitted against a Special Import Licence (SIL), with the surrendered SIL c.i.f. valuation required to be set at a multiple of the c.i.f. value of the imported goods; however, certain cooperative and trading entities may import these items without surrendering an SIL.
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Special Import Licence valuation rule for spice imports revised; cooperative and trading entities exempted from SIL surrender.
Imports of cassia, cinnamon, cloves and tejpat are permitted against a Special Import Licence (SIL), with the surrendered SIL c.i.f. valuation required to be set at a multiple of the c.i.f. value of the imported goods; however, certain cooperative and trading entities may import these items without surrendering an SIL.
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