https://www.taxtmi.com/notifications?id=21875 SILs are freely transferable and valid for items in the ITC(HS) Classification; imports under SIL attract normal customs duty but gold and silver may be imported at a concessional customs duty rate to be specified by the revenue authority. The amendment removes the requirement for an EEFC account and omits any explicit payment-in-foreign-exchange condition for such concessional imports. en-us Tue, 04 Nov 1997 00:00:00 +0530 Sat, 12 Sep 2009 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21875 SILs are freely transferable and valid for items in the ITC(HS) Classification; imports under SIL attract normal customs duty but gold and silver may be imported at a concessional customs duty rate to be specified by the revenue authority. The amendment removes the requirement for an EEFC account and omits any explicit payment-in-foreign-exchange condition for such concessional imports. Notifications DGFT Tue, 04 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21875