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of <h1>RBI Circular: Authorized Dealers Can Accept Specific Documents for Imports Under USD 100K by Certain Institutions.</h1> The Reserve Bank of India issued a circular to authorized dealers in foreign exchange, allowing them to accept specific documentary evidence for imports involving foreign exchange remittances below USD 100,000. This applies to companies listed on Indian stock exchanges with a net worth of at least Rs. 100 crores, public sector companies, government undertakings, and now extends to autonomous bodies like scientific and academic institutions audited by the Comptroller and Auditor General of India. Authorized dealers are instructed to inform relevant parties of these provisions, which are issued under the Foreign Exchange Management Act 1999.
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