Guidelines on import of gold by Tariff Rate Quota (TRQ) holders under the India-UAE CEPA as notified by–The International Financial Services Centres Authority (IFSCA)
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Import of gold under TRQ: advance payment remittance permitted to facilitate imports through IIBX. Valid Tariff Rate Quota (TRQ) holders under the India-UAE CEPA as notified by IFSCA may import specified gold through IIBX against the TRQ, and AD Category I banks may remit advance payment on their behalf for eleven days, subject to the directions in A.P. (DIR Series) Circular No.04 dated May 25, 2022 and without prejudice to other statutory permissions.
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Import of gold under TRQ: advance payment remittance permitted to facilitate imports through IIBX.
Valid Tariff Rate Quota (TRQ) holders under the India-UAE CEPA as notified by IFSCA may import specified gold through IIBX against the TRQ, and AD Category I banks may remit advance payment on their behalf for eleven days, subject to the directions in A.P. (DIR Series) Circular No.04 dated May 25, 2022 and without prejudice to other statutory permissions.
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