Transfer pricing method selection favours TNMM where medical-equipment distribution involves substantial post-import value addition and operational ri...
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Appendix 4B of the Handbook of Procedures, 2023 has been amended to update the lists of banks authorised to import gold and silver. Fifteen banks are authorised to import both gold and silver, while Union Bank of India and SBER Bank are authorised to import only gold. The revised authorisations take effect from 1 April 2026 and remain valid until 31 March 2029. The public notice therefore updates the operational bank list for precious metal imports under the Foreign Trade Policy framework.
Appendix 4B of the Handbook of Procedures, 2023 has been amended to update the lists of banks authorised to import gold and silver. Fifteen banks are authorised to import both gold and silver, while Union Bank of India and SBER Bank are authorised to import only gold. The revised authorisations take effect from 1 April 2026 and remain valid until 31 March 2029. The public notice therefore updates the operational bank list for precious metal imports under the Foreign Trade Policy framework.
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