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DGFT Hand Book of Procedures Foreign Trade Procedure (upto 07/04/2006) Para 4A.25.2

Exports against Advance Licence 4A.25.2

The Advance licence holder may obtain gold/silver/ platinum from the nominated agencies in lieu of direct imports. In such a case, the nominated agency shall make, both the exchange control copy and customs purpose copy of the licence invalid for direct imports.

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