https://www.taxtmi.com/circulars?id=2334 Where audit objections would have required surrender of Special Import Licence, such cases may be settled by payment equal to one per cent of the SIL value to be surrendered. Regional offices of the Directorate General of Foreign Trade shall effect settlement by receipt deposited at the authorised branch of the Central Bank of India under the specified Foreign Trade and Export Promotion account head, applying where instructions permit surrender and SIL is defunct. en-us Fri, 19 Oct 2001 00:00:00 +0530 Mon, 02 Mar 2009 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2334 Where audit objections would have required surrender of Special Import Licence, such cases may be settled by payment equal to one per cent of the SIL value to be surrendered. Regional offices of the Directorate General of Foreign Trade shall effect settlement by receipt deposited at the authorised branch of the Central Bank of India under the specified Foreign Trade and Export Promotion account head, applying where instructions permit surrender and SIL is defunct. Circulars DGFT Fri, 19 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2334