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Conversion of VABAL into Advance License Under the New Policy

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Full Text of the Document

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....hall be issued with effect from 1.4.97. However, in respect of pending applications filed before 14.97 for issuance of Value based Advance License where such licenses have not been issued before 14.97,the applicant shall have the option to convert their application into Advance License in accordance with the Exim Policy 1997-2002 and the Handbook of Procedures, (Vol.1) and (Vol.2) 1997-2002. Su....

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