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DGFT Hand Book of Procedures HB Vol.1 (upto 31/03/2001) 5.24

The import licences granted under paragraphs 5.20 and 5.21 shall not be transferable.

However, transferability of such licences granted to Hotels / Restaurants / Travel agents / Tour operators may be allowed within their respective groups.

(Above para has been added to the para 5.24 vide Public Notice No. 11(RE-00)/1997- 2000, Dt. 1-6-2000)

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