Bank import authorizations for gold and silver modified to specify effective import period and validity under foreign trade policy. The DGFT has amended the headings of Table A and Table B of Public Notice No. 28/2023 to state that the lists of banks authorised by the Reserve Bank of India to import both gold and silver (Table A) and to import only gold (Table B) apply with effect from 01.04.2023 and are valid up to 31.03.2024, thereby making the operative scope of the authorisations explicitly tied to that financial year period.
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Provisions expressly mentioned in the judgment/order text.
Bank import authorizations for gold and silver modified to specify effective import period and validity under foreign trade policy.
The DGFT has amended the headings of Table A and Table B of Public Notice No. 28/2023 to state that the lists of banks authorised by the Reserve Bank of India to import both gold and silver (Table A) and to import only gold (Table B) apply with effect from 01.04.2023 and are valid up to 31.03.2024, thereby making the operative scope of the authorisations explicitly tied to that financial year period.
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