https://www.taxtmi.com/acts?id=11644 The Policy may be amended by the Central Government by notification, and existing authorisations issued prior to a new Policy remain valid for their original purpose and duration unless otherwise specified. If a previously permitted export or import is later restricted, such transactions will ordinarily be allowed provided shipment is made within the original authorisation validity and against available balance and irrevocable commercial letters of credit established before the restriction; for operationalisation such letters of credit must be registered with the concerned Regional Authority within a short period after the restriction. en-us Fri, 27 Aug 2010 11:35:25 +0530 Sat, 28 Aug 2010 07:10:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11644 The Policy may be amended by the Central Government by notification, and existing authorisations issued prior to a new Policy remain valid for their original purpose and duration unless otherwise specified. If a previously permitted export or import is later restricted, such transactions will ordinarily be allowed provided shipment is made within the original authorisation validity and against available balance and irrevocable commercial letters of credit established before the restriction; for operationalisation such letters of credit must be registered with the concerned Regional Authority within a short period after the restriction. Act-Rules DGFT Fri, 27 Aug 2010 11:35:25 +0530 https://www.taxtmi.com/acts?id=11644