https://www.taxtmi.com/circulars?id=3457 RCMC will not be required for exports of shoddy and specified wool products. Advance Licence export obligations may be extended beyond 30 months on payment of a monthly composition fee proportionate to the unfulfilled FOB value vis-a -vis CIF of imports actually made; extensions are barred for former Value Based Advance Licences, where breaches, misrepresentation, fraud, or prior adjudication orders exist. Appendix 3 (IEC application) is amended with prescribed declarations and banker's certificate requirements. DEPB/DFRC applications may accept FIRC for direct negotiation of documents with a declaration linking remittance to the Shipping Bill(s). en-us Wed, 17 Jul 2002 00:00:00 +0530 Thu, 27 Dec 2007 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3457 RCMC will not be required for exports of shoddy and specified wool products. Advance Licence export obligations may be extended beyond 30 months on payment of a monthly composition fee proportionate to the unfulfilled FOB value vis-a -vis CIF of imports actually made; extensions are barred for former Value Based Advance Licences, where breaches, misrepresentation, fraud, or prior adjudication orders exist. Appendix 3 (IEC application) is amended with prescribed declarations and banker's certificate requirements. DEPB/DFRC applications may accept FIRC for direct negotiation of documents with a declaration linking remittance to the Shipping Bill(s). Circulars DGFT Wed, 17 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3457