https://www.taxtmi.com/acts?id=2280 Regulation 4 authorises authorised dealers to issue guarantees, letters of undertaking or standby letters of credit for cross border debts and obligations: for residents of India in respect of exports, approved deferred payment imports, Foreign Trade Policy permitted imports and margin obligations for approved commodity hedging (subject to RBI terms), and for non residents in bona fide trade transactions or as counter guarantees (subject to counter guarantees by internationally reputed banks), with additional routine business guarantees, prescribed ceilings, and RBI or government approvals where required. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 18 Jun 2025 12:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2280 Regulation 4 authorises authorised dealers to issue guarantees, letters of undertaking or standby letters of credit for cross border debts and obligations: for residents of India in respect of exports, approved deferred payment imports, Foreign Trade Policy permitted imports and margin obligations for approved commodity hedging (subject to RBI terms), and for non residents in bona fide trade transactions or as counter guarantees (subject to counter guarantees by internationally reputed banks), with additional routine business guarantees, prescribed ceilings, and RBI or government approvals where required. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2280