https://www.taxtmi.com/circulars?id=7478 No value-based Advance Licenses will be issued from 1 April 1997; pending applications filed before that date may be converted into Advance Licenses under the new Exim Policy and Handbook of Procedures without fresh applications, or applicants may claim drawback in lieu. Passbook Scheme exports are barred from 1 April 1997, though exports on or before 31 March 1997 remain eligible for credit, which may be used for imports within one year from grant, subject to licensing authority approval. en-us Tue, 01 Apr 1997 00:00:00 +0530 Sat, 12 Sep 2009 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7478 No value-based Advance Licenses will be issued from 1 April 1997; pending applications filed before that date may be converted into Advance Licenses under the new Exim Policy and Handbook of Procedures without fresh applications, or applicants may claim drawback in lieu. Passbook Scheme exports are barred from 1 April 1997, though exports on or before 31 March 1997 remain eligible for credit, which may be used for imports within one year from grant, subject to licensing authority approval. Circulars DGFT Tue, 01 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7478