Question

Discuss the formalities involved in getting an export licence
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Answer 1

Answer:

The formalities involved in getting an export license are as follows :

• Opening a bank account in any bank authorised.

• Registering with appropriate Export Promotion.

Answer 2

Explanation:

Important formalities in yetting an export licence are as follows

(i) Opening a hank account in any bank authorised by the Reserve Bqnk of India (RBI) and getting an account