PARA 2.27.1
- Document type
- Policy
- Reference no.
- 02
- Dated
Exemption from Bank Guarantee
Exemption from Bank Guarantee
2.27.1
All the exporters who have an export turnover of at least Rupees 5 crore in the current or preceding licencing year and have a good track record of three years of exports will be exempted from furnishing a BG for any of the schemes under this Policy and may furnish a LUT in lieu of BG.
2.27.1
All the exporters who have an export turnover of at least Rupees 5 crore in the current or preceding licencing year and have a good track record of three years of exports will be exempted from furnishing a BG for any of the schemes under this Policy and may furnish a LUT in lieu of BG.