Extension of five-year block period: BoA may extend NFE calculation window when export is prohibited or restricted. If a unit is unable to export because a product in its Letter of Permission is subject to export prohibition or restriction, the Board of Approval (BoA) may suitably extend the five year block period for calculating Net Foreign Exchange (NFE) earnings.
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Provisions expressly mentioned in the judgment/order text.
Extension of five-year block period: BoA may extend NFE calculation window when export is prohibited or restricted.
If a unit is unable to export because a product in its Letter of Permission is subject to export prohibition or restriction, the Board of Approval (BoA) may suitably extend the five year block period for calculating Net Foreign Exchange (NFE) earnings.
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