2.12.4

Similarly, where the date of expiry of either original or extended export obligation period falls before the last day of the month, such export obligation period shall be deemed to be valid until the last day of the month. [Deleted - The original validity of export licence for restricted items shall be 12 months from the date of issuance unless otherwise specified.]

(Last sentence has been deleted vide PN.NO. 24/2006, DT. 20/06/2006)