Precious metal reporting requirement: Agencies must submit Appendix-4M statements detailing imports, utilization, and stocks periodically. Appendix-4M mandates periodic submission by nominated agencies of a statement identifying the precious metal, transaction counts and values, opening ... Summary
Precious metal reporting requirement: Agencies must submit Appendix-4M statements detailing imports, utilization, and stocks periodically.
Appendix-4M mandates periodic submission by nominated agencies of a statement identifying the precious metal, transaction counts and values, opening stock, quantities imported, and allocation to own use, exporters and domestic units, with separate reporting by import mode (delivery against payment, supplier's credit, consignment, unfixed price) and requirements for authorised signatory certification, electronic filing, separate EOUs/SEZ and metal-specific statements, and adherence to central bank guidelines.
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