Import/export turnover reporting under FEMA: template records turnover, overdue ratios and forward cover limits for risk assessment. Annex VI under FEMA requires constituents to report annual import and export turnover, the percentage of overdue bills to turnover, and the existing limit ... Summary
Import/export turnover reporting under FEMA: template records turnover, overdue ratios and forward cover limits for risk assessment.
Annex VI under FEMA requires constituents to report annual import and export turnover, the percentage of overdue bills to turnover, and the existing limit for booking forward cover based on past performance for specified financial years, providing a standardised template to assess eligibility and limits for forward cover and related risk management measures.
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