https://www.taxtmi.com/circulars?id=7481 Applications for Special Import Licence filed after the prescribed last date but within a limited six month grace period may be considered as a procedural concession; such applications accepted under this concession are to be processed subject to a mandatory late cut on entitlement fixed at twenty five percent, establishing both the temporal eligibility for condonation and the penalty mechanism. en-us Wed, 28 May 1997 00:00:00 +0530 Sat, 12 Sep 2009 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=7481 Applications for Special Import Licence filed after the prescribed last date but within a limited six month grace period may be considered as a procedural concession; such applications accepted under this concession are to be processed subject to a mandatory late cut on entitlement fixed at twenty five percent, establishing both the temporal eligibility for condonation and the penalty mechanism. Circulars DGFT Wed, 28 May 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=7481