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IN FORCE Export policy & incentives ·?
No seizure of export related Stock
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1.09 — No seizure of export related Stock
No seizure shall be made by any agency so as to disrupt manufacturing activity and delivery schedule of exports. In exceptional cases, concerned agency may seize the stock on the basis of prima facie evidence of serious irregularity. However, such seizure should be lifted within 7 days unless the irregularities are substantiated.
- iii. Simplification of Procedures and Risk based
4
Legal Framework and Trade Facilitation
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