(1) The Commissioner may, for valid reasons, restrict the import of spirituous preparations to such quantity as is considered by him sufficient for bona fide medical purpose and may refuse to grant an import licence, if the applicant does not satisfy the conditions laid down in Rule 5.
(2) The Commissioner may in his discretion grant a general import licence in Form S.P.I. III for a period of one year (i.e) from the 1st day of April to the 31st day of March next at the time in respect of spirituous preparations mentioned in Rule 3, if he is satisfied that a large number of imports at frequent intervals in a year have to be made from the sources outside the State, on payment of an annual fee of Rs.150 (Rupees one hundred and fifty only) or an import licence in Form S.P.L. II for each item to be imported on payment of Rs.5 (Rupees five only).
(3) The loss of a general import licence during the period of its currency shall forthwith be intimated by the holder of the licence to the authority who issued the import, explaining the circumstances in which the loss had occurred, if the consignment has been received, the holder of the licence shall furnish the details of the products received and the suppliers from whom they are received. A fee of Rs.50 (Rupees fifty only) shall be payable for every duplicate licence granted by the authority who issued it. The holder of the licence shall return the duplicate licence for cancellation, if and when the original general import licence is traced out. However, in the case of loss of import licence, instead, the licence holder shall get a fresh import licence on payment of Rs.5 (Rupees five only)