TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>RBI's Master Circular on Import Guidelines under FEMA: Key Rules for Banks on Trade Compliance and Settlement Timelines.</h1> The Master Circular on Import of Goods and Services, issued by the Reserve Bank of India, consolidates existing guidelines under the Foreign Exchange Management Act (FEMA) for imports into India. It outlines the responsibilities of Category-I Authorised Dealer Banks, including adherence to foreign trade policies, compliance with banking procedures, and ensuring evidence of import. The circular covers various aspects such as advance remittances, import licenses, settlement timelines, and specific guidelines for importing goods like gold, platinum, and diamonds. The circular is subject to annual review and will be replaced by an updated version on July 1, 2014.
TaxTMI 
TaxTMI 
