https://www.taxtmi.com/circulars?id=3472 RCMC obligation is removed for exports of shoddy and woollen products and wool-dominant blends across classifications. An ARO may be issued with or after an Advance Licence for Physical Exports, Intermediate Supplies, Deemed Exports or DFRC and will be co-terminus with the Advance Licence. Advance Licence holders, except DFRC holders, may obtain inland back-to-back LCs in favour of indigenous suppliers. Negotiation of documents certified under confirmed irrevocable LCs will be accepted as proof of export without insistence on export proceeds realization. en-us Tue, 08 Oct 2002 00:00:00 +0530 Fri, 28 Dec 2007 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3472 RCMC obligation is removed for exports of shoddy and woollen products and wool-dominant blends across classifications. An ARO may be issued with or after an Advance Licence for Physical Exports, Intermediate Supplies, Deemed Exports or DFRC and will be co-terminus with the Advance Licence. Advance Licence holders, except DFRC holders, may obtain inland back-to-back LCs in favour of indigenous suppliers. Negotiation of documents certified under confirmed irrevocable LCs will be accepted as proof of export without insistence on export proceeds realization. Circulars DGFT Tue, 08 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3472