https://www.taxtmi.com/circulars?id=2228 Under the DEPB scheme, unhemmed or unstiched sarees, dhoties and lungies are classed as fabrics while hemmed or stitched items are classed as madeups. The confirmed irrevocable Letter of Credit requirement for newcomer duty free licences is waived for domestic supplies under Advance Intermediate Licence or Special Imprest Licence when payment is through normal banking channels or project authorities. Licences for goods from private bonded warehouses must be valid on the date of clearance, and golden status follows the last status in three successive terms. en-us Thu, 27 May 1999 00:00:00 +0530 Mon, 02 Mar 2009 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2228 Under the DEPB scheme, unhemmed or unstiched sarees, dhoties and lungies are classed as fabrics while hemmed or stitched items are classed as madeups. The confirmed irrevocable Letter of Credit requirement for newcomer duty free licences is waived for domestic supplies under Advance Intermediate Licence or Special Imprest Licence when payment is through normal banking channels or project authorities. Licences for goods from private bonded warehouses must be valid on the date of clearance, and golden status follows the last status in three successive terms. Circulars DGFT Thu, 27 May 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2228