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of <h1>RBI Updates Gold Import Reporting: New Monthly and Half-Yearly Statements Required by Authorized Dealer Category-I Banks.</h1> The circular issued by the Reserve Bank of India addresses modifications to the reporting system for gold imports. Authorized Dealer Category-I banks are now required to submit two types of statements: a half-yearly statement detailing the quantity and value of gold imported by nominated banks, agencies, EOUs, and SEZs in the Gem & Jewellery sector, and a monthly statement for non-bank nominated agencies, EOUs, and SEZs. These reports, which must be submitted even if there is no activity, are due by the 10th of the following month or half-year. Other conditions from the 2004 circular remain unchanged.
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