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    <description>The Chapter sets out procedures for IEC issuance, application filing at territorial Regional Authorities, and documentation standards; it prescribes authorisation processes for restricted imports/exports under specified ANFs, validity and revalidation rules for licences, and conditions for issuance of duplicate licences including affidavits, fees and customs verification. It mandates BG/LUT or Corporate Guarantees for certain schemes, governs Certificate of Origin issuance by authorised agencies for preferential and non-preferential regimes, and provides for electronic filing with incentives and EDI transmission to Customs.</description>
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