Payment Mechanism: exports to and imports from Myanmar permitted in freely convertible currencies or via ACU mechanism. The amendment permits receipts for exports to Myanmar and payments for imports from Myanmar to be effected either in any freely convertible currency or through the ACU mechanism, by inserting corresponding sub regulation (1A) into the export and import provisions, and is presented as taking effect from the date directions were issued to Authorised Dealers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Payment Mechanism: exports to and imports from Myanmar permitted in freely convertible currencies or via ACU mechanism.
The amendment permits receipts for exports to Myanmar and payments for imports from Myanmar to be effected either in any freely convertible currency or through the ACU mechanism, by inserting corresponding sub regulation (1A) into the export and import provisions, and is presented as taking effect from the date directions were issued to Authorised Dealers.
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