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June 2015

DIPP Press Note No. 5 (2015 Series) dated April 27, 2015

By Gaurang Gandhi Chartered Accountant
Reading Time 1 mins
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Streamlining the Procedure for issue of Industrial Licenses

Presently, the initial validity of Industrial License for Defence Sector is 3 years, extendable to 7 years.

This circular has increased the initial validity of Industrial License in the Defence Sector to 7 years, further extendable up to 3 years. This change will be applicable to all existing as well as future Licenses.

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