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    <title>Retrospective effect of the criteria permitting 25% BG for manufacturer exporters having an export turnover of less than Rs 1 crore</title>
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    <description>DGFT permits manufacturer exporters registered with state sales tax authorities to furnish a Bank Guarantee at 25% of duties saved for Advance Licences upon CA-certified past exports, tax/ excise registration proof and a declaration of no penalisation, and directs that this facility, together with endorsed bond/BG terms for qualifying established domestic companies, applies retrospectively to licences issued before the Public Notices.</description>
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      <description>DGFT permits manufacturer exporters registered with state sales tax authorities to furnish a Bank Guarantee at 25% of duties saved for Advance Licences upon CA-certified past exports, tax/ excise registration proof and a declaration of no penalisation, and directs that this facility, together with endorsed bond/BG terms for qualifying established domestic companies, applies retrospectively to licences issued before the Public Notices.</description>
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