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Fulfillment of Export obligation for licenses with duty saved of Rs.100 Corers or more is valid only if -

Correct Answer: It is 8 times the duty saved on capital goods , It is fulfilled within 12 years for issuance of license , Initial 5% custom duty has been paid

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Export Import Procedures and Documentation MCQ: Fulfillment of Export obligation for licenses with duty saved of Rs.100 Corers or more is valid only if - | Extra Education