https://www.taxtmi.com/circulars?id=4162 Industrial licences and Letters of Intent that originally carried an export obligation for items reserved to the Small Scale Sector will be deemed exempt from that export obligation where those items have been dereserved by Gazette notification; no separate amendment or endorsement is required, and attaching this Press Note with the relevant dereservation notification will suffice to obtain exemption. Holders may alternatively file an Industrial Entrepreneurs' Memorandum in lieu of IL/LOI where permitted and where licence conditions are to be varied. en-us Wed, 25 Apr 2001 00:00:00 +0530 Tue, 30 Sep 2008 17:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4162 Industrial licences and Letters of Intent that originally carried an export obligation for items reserved to the Small Scale Sector will be deemed exempt from that export obligation where those items have been dereserved by Gazette notification; no separate amendment or endorsement is required, and attaching this Press Note with the relevant dereservation notification will suffice to obtain exemption. Holders may alternatively file an Industrial Entrepreneurs' Memorandum in lieu of IL/LOI where permitted and where licence conditions are to be varied. Circulars FEMA Wed, 25 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4162