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Procedure

7.30

Document type
Procedure
Dated

Maintenance of Proper Accounts.

7.30 Every licence holder shall maintain a true and proper account of licence-wise consumption and utilisation of imported goods in Appendix-21. Such records should be preserved for a period of at least three years from the date of redemption.

Note: Advance Licence, unless otherwise stated , means Advance Licence for Physical Exports/ Intermediate Supply / Deemed Exports.

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