https://www.taxtmi.com/circulars?id=3262 A new provision, paragraph 12.8(A), allows exporters who held recognition under the prior and current policies to irrevocably elect to claim SIL based on exports in the preceding licensing year, subject to conditions: the option must be exercised on filing and endorsed on the certificate; exports before 1 April 1997 follow the earlier policy and Handbook rates; exports on/after 1 April 1997 require application in Appendix 20D with SIL on proceeds realised annually; applications must be filed within six months from the licensing year end or 90 days after renewal/recognition; paragraph 12.8(e) remains applicable. en-us Wed, 18 Aug 1999 00:00:00 +0530 Fri, 21 Dec 2007 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3262 A new provision, paragraph 12.8(A), allows exporters who held recognition under the prior and current policies to irrevocably elect to claim SIL based on exports in the preceding licensing year, subject to conditions: the option must be exercised on filing and endorsed on the certificate; exports before 1 April 1997 follow the earlier policy and Handbook rates; exports on/after 1 April 1997 require application in Appendix 20D with SIL on proceeds realised annually; applications must be filed within six months from the licensing year end or 90 days after renewal/recognition; paragraph 12.8(e) remains applicable. Circulars DGFT Wed, 18 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3262