Advance remittances for imports: authorised dealers may permit larger unguaranteed remittances without prior central approval, subject to repatriation rules. Authorised dealers may allow advance remittances for import of goods up to the raised threshold without prior Reserve Bank approval; where importers fail to import within the prescribed period including any authorised extension, the remitted amount must be repatriated immediately, and all other conditions of the earlier circular remain unchanged.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance remittances for imports: authorised dealers may permit larger unguaranteed remittances without prior central approval, subject to repatriation rules.
Authorised dealers may allow advance remittances for import of goods up to the raised threshold without prior Reserve Bank approval; where importers fail to import within the prescribed period including any authorised extension, the remitted amount must be repatriated immediately, and all other conditions of the earlier circular remain unchanged.
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