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Export · Import · Customs · DGFT Intelligence
Procedure

PARA 5.17

Document type
Procedure
Reference no.
05
Dated

Penal Action

Penal Action

5.17

In case of failure to fulfil the export obligation or any other condition of the licence, the licence holder shall be liable for action under the Foreign Trade (Development & Regulation) Act, 1992, the Orders and Rules made thereunder, the provisions of the Policy and the Customs Act, 1962.

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