https://www.taxtmi.com/circulars?id=3258 Licensing changes permit issuance of Special Imprest Licences to main or sub contractors under paragraph 7.5; Advance Licences may be granted to exporters without prior licences for CIF values up to their recent average FOB subject to 100% bank guarantees and without requiring confirmed irrevocable letters of credit; supplies by Indian sub contractors qualify for deemed export benefits when the sub contractor is identified in the contract and payment certificates are issued in the prescribed form. DEPBs registered at Aircargo Complex, Varanasi are revalidated for twelve months; appendices, agency listings and miscellaneous corrigenda are amended accordingly. en-us Wed, 14 Jul 1999 00:00:00 +0530 Fri, 21 Dec 2007 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3258 Licensing changes permit issuance of Special Imprest Licences to main or sub contractors under paragraph 7.5; Advance Licences may be granted to exporters without prior licences for CIF values up to their recent average FOB subject to 100% bank guarantees and without requiring confirmed irrevocable letters of credit; supplies by Indian sub contractors qualify for deemed export benefits when the sub contractor is identified in the contract and payment certificates are issued in the prescribed form. DEPBs registered at Aircargo Complex, Varanasi are revalidated for twelve months; appendices, agency listings and miscellaneous corrigenda are amended accordingly. Circulars DGFT Wed, 14 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3258