Regularisation of Value Based Advance Licence

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... olicy Circular No. 28(RE-2000)/2000-2001 dated 22nd September 2000 wherein the method regarding regularization of Value Based Advance Licences in case of shortfall in value or quantity or both has been prescribed. 2. References have been received from Regional Licensing Authorities and representations have also been received from the exporters seeking clarifications as to how Value Based Advance .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 15% of total export obligation imposed. In case where shortfall is more than 15%, such VABAL has to be converted into QABAL. 4. This issues with the approval of Director General of Foreign Trade. (A.K.Sinha) Deputy Director General of Foreign Trade - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X