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<h1>Import of gold reporting: monthly R132 and half yearly R133 returns required, with strict AD bank compliance and deadlines.</h1> AD Category I banks must file monthly return R132 and half yearly return R133 reporting quantity and value of gold imported by nominated agencies, EOUs and SEZs in the gems and jewellery sector; both returns must be submitted by prescribed deadlines even if nil. Banks must ensure one to one matching for merchanting trade legs and report defaults semi annually, obtain import invoices and airway bills as evidence, report foreign currency payment transactions in R Returns on a fortnightly basis, and submit specified half yearly reports for allowed extensions and certain advance remittances.
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