TaxTMI 
TaxTMI 
Import of Restricted Shafts Allowed if Letter of Credit Established Before Restrictions, per Foreign Trade Policy.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Import of restricted item or not - shafts - If shipment is made within original validity of irrevocable commercial letter of credit established before the date of imposition of such restriction of import/export, then such export or import is permitted under FTP upto the time limit prescribed in such letter of credit.....